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.

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