Bursa eyes value-boosting plans to lure stock traders


Bursa Malaysia chief executive officer Datuk Muhamad Umar Swift.

SINGAPORE: The Malaysian bourse is mulling a plan to improve valuations of local companies as it seeks to lure global investors amid similar programmes from regional peers.

Bursa Malaysia is considering a “formalised framework” where companies may be given targets on metrics such as price-to-earnings ratio, return on equity and free float, chief executive officer Datuk Muhamad Umar Swift said in an interview last week.

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