PETALING JAYA: Bursa Malaysia commends the government’s proactive yet responsible stance in strengthening economic resilience and enhancing the competitiveness of growth sectors while balancing fiscal discipline.
In a statement, chief executive officer Datuk Fad’l Mohamed said the RM550mil from Khazanah Nasional Bhd and Kumpulan Wang Persaraan (KWAP) into Malaysia’s semiconductor ecosystem to strengthen collaborations between local businesses with multinational companies, will deepen industrial linkages and enhance Malaysia’s position in the global semiconductor value chain.
Additionally, Bursa Malaysia lauds the government’s focus on technology-driven growth, particularly through the Malaysia Digital Accelerator Grant, which allocates RM53mil to accelerate adoption of emerging technologies. This complements Cradle Fund’s RM55mil for equity investment programmes and innovation workshops, which has now been expanded to the private sector.” Fad’l added.
He said the allocation of RM40mil via the Government-linked Investment Companies (GLICs) and Government-linked Companies (GLCs), along with Ekuinas’ commitment to grow and scale its investee companies, will build more competitive Bumiputera businesses.
“The Exchange looks forward to working closely with our partners and facilitating these companies through our suite of fundraising avenues and services.
“With board diversity being one of the key pillars of good governance, Bursa Malaysia will continue to work with the Securities Commission Malaysia and ecosystem partners through engagement and advocacy to increase women representation on boards, beyond the 30% target already achieved by 45% of PLCs.”
