Malaysia raised US$450mil in IPO funds in 1H24, tops southeast asian bourses

KUALA LUMPUR: Malaysia’s initial public offering (IPO) capital market tops the Southeast Asian bourses in terms of total IPO funds raised in the first half of 2024 (1H 2024) with US$450 million, said Deloitte. (US$1 = RM4.49)

It said IPO funds raised in Malaysia accounted for 33 per cent of the region’s US$1.4 billion in proceeds raised for the period under review.