Country to focus on larger IPOs this year, says local bourse chief


Bursa Malaysia CEO Datuk Fad’l Mohamed.

KUALA LUMPUR: Malaysia’s stock exchange will focus on larger initial public offerings (IPOs) this year as it looks to boost the pool and diversity of actively traded shares, the bourse chief says.

A priority for the bourse “is to build market vibrancy through various means, and one of those is by bringing larger IPOs to market,” Datuk Fad’l Mohamed, chief executive officer of Bursa Malaysia, said in an interview with Bloomberg TV’s Avril Hong.

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