Bursa Malaysia to meet 42 IPO target, market outlook remains robust


Bursa Malaysia chairman Tan Sri Abdul Wahid Omar

ISKANDAR PUTERI: Bursa Malaysia is optimistic on meeting its target of 42 initial public offerings (IPOs) this year, a level not achieved since 2006 with 40 listings.

Its chairman Tan Sri Abdul Wahid Omar said for the first-half of 2024, Bursa Malaysia was the leading stock exchange for IPOs in Asean having raised US$450mil representing 33% market share of the region’s IPO market.

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Bursa Malaysia , IPO , outlook

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