Why are Main Market IPOs declining?


Tradeview Capital Sdn Bhd chief executive officer Ng Zhu Hann.

A total of 12 years have passed since Felda Global Ventures Holdings Bhd (FGV) made its debut on the Main Market of Bursa Malaysia.

In those 12 years, no company has beaten FGV’s record of raising RM10.4bil from its initial public offering (IPO). FGV was also the world’s second-largest IPO in 2012, just behind Facebook Inc.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Jinhua – a trading hub without borders
Asia bonds for diversification
Singapore’s financial sector a big winner
Watts from water
AI disruption fears rock markets
Up in Arms - or up the value chain?
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use
Chow Tai Fook courts the young

Others Also Read