Bursa Malaysia Bhd chief executive officer Datuk Fad’l Mohamed.
KUALA LUMPUR: Malaysia’s pipeline of initial public offerings (IPOs) is expected to get a boost from firms seeking capital for energy-transition projects as Asia weans itself off fossil fuels, according to the top official at the local bourse.
Some of these are large companies and “as projects actually come through, where there are sustainable cash flows and generated income, they will be looking at capital markets to IPO,” Datuk Fad’l Mohamed, chief executive officer of Bursa Malaysia, said at the Bloomberg Sustainable Business Summit in Singapore.
