Bursa aims for RM28bil worth of IPOs this year


Bursa Malaysia CEO Datuk Fad’l Mohamed.

PETALING JAYA: Bursa Malaysia Bhd will focus on the quality and size of initial public offerings (IPOs) this year and has set a target of attracting RM28bil in total IPO market capitalisation, slightly higher than the RM27.4bil achieved last year.

Chief executive officer Datuk Fad’l Mohamed said the stock exchange operator currently already had a strong pipeline of IPO deals, and it remained confident that it would be able to achieve this target.

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