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.
“For IPOs, we have been on track, so we hope to be able to meet our target,” he told the press at the Parallel Financial Street Forum here yesterday.
He said Bursa Malaysia’s outlook for next year remains optimistic.
“I think we will continue to have a strong pipeline and see a very strong push for companies to raise capital on our platform. The pipeline is very strong still for 2026, God willing, we will maintain the momentum,” he said.
Meanwhile, analysts said they are expecting the stock exchange operator to deliver a “solid” sequential earnings rebound in the third quarter of this year, on the back of higher trading value led by local institutional investors.
Affin Hwang Investment Bank Research, which upgraded its rating to “buy”, forecast Bursa Malaysia to deliver 23% quarter-on-quarter growth in 3Q25 net profit to RM70mil. — Bernama
