PETALING JAYA: Malaysia needs better quality listings, a stronger corporate bond and sukuk ecosystem, and faster growth of its private markets to enhance the domestic capital market’s investability, says Securities Commission (SC) chairman Datuk Mohammad Faiz Azmi.
Mohammad Faiz said enhancing the domestic capital market’s investability requires coordinated action across the entire ecosystem. He noted that good corporate governance alone does not beget investability.
“It is also about liquidity and free float which encourage better price discovery,” he said in his opening address at the Institutional Investors Council Corporate Governance Conference 2026 yesterday.
Mohammad Faiz said one of the things the SC is trying to do with Bursa Malaysia is to ensure better quality listings that expand the investable universe.
“It also calls for a deep and sustainable pipeline of initial public offering-ready companies which we are prioritising through the Capital Market Masterplan 2026–2030’s Inclusivity pillar,” he said.
To provide a more seamless funding escalator for companies, Mohammad Faiz said the corporate bond and sukuk ecosystem must also be strengthened to encourage more issuances and investment choices.
“At the other end of the spectrum, it is also important to accelerate the growth of private markets. These include venture capital, private equity and also private credit. All these initiatives will collectively strengthen Malaysia’s overall value proposition and market vibrancy,” he said.
According to Mohammad Faiz, boards and controlling shareholders must take a long-term view and not just focus on control, stability, and pricing.
