Bursa Malaysia on track to meet IPO target for this year


Bursa Malaysia Bhd chief executive officer Datuk Fad’l Mohamed.

KUALA LUMPUR: Bursa Malaysia is on track to meet its target of 60 initial public offerings (IPOs) this year, driven by sustained investor confidence and a strong pipeline of companies seeking to raise capital on the local exchange, says its chief executive officer Datuk Fad’l Mohamed.

Currently, a total of 47 IPOs have been launched – seven on the Main Market, 37 on the ACE Market and three on the LEAP Market.

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