bursa IPO surge on Bursa Malaysia reflects investor confidence By thesun.my Published On :: Tue, 12 Nov 2024 11:15:00 GMT KUALA LUMPUR: Bursa Malaysia Bhd is experiencing a resurgence in IPOs as 2024 draws to a close, reflecting renewed investor confidence in the local bourse.With 44 initial public offerings to date, Bursa Malaysia has outpaced other markets in Southeast Asia, emerging as an attractive IPO destination amid a stable economic and political landscape.According to Mohd Sedek Jantan, UOB Kay Hian Wealth Advisors’ head of investment research, several factors have contributed to this surge. “The risk of doing business in the fourth quarter has subsided as major economic and political uncertainties have passed, such as the US presidential election while Malaysia’s active role in international forums has bolstered the country’s global standing,” he told Bernama.He reckons that Malaysia’s stable economic indicators, including positive trade figures, healthy employment rates and steady industrial production have fostered a predictable business environment that encourages IPO activity. “Political stability and a clear government policy framework further enhance investor confidence,” he said. The surge in IPOs on Bursa Malaysia underscores the local bourse’s resilience compared to other regional markets.Mohd Sedek noted that Malaysia has recorded 36 IPOs so far this year, raising about US$450 million in the first half alone, which accounts for 33% of Southeast Asia’s total IPO proceeds.“This stands in contrast to a subdued IPO market across the Asia-Pacific, where proceeds have dropped by 63%, largely due to challenges in China and Hong Kong.“Malaysia has outperformed both Indonesia and Singapore in IPO activity this year,” he pointed out, highlighting that Indonesia faces political uncertainty following its recent presidential election, while Singapore has seen a slowdown in activity due to high regulatory costs and weak investor demand.In contrast, he said Malaysia’s IPO market benefits from a stable macroeconomic backdrop, business-friendly regulations, and the supportive Madani Economy Framework.Mohd Sedek said the growth in IPOs reflects optimism in key Malaysian sectors, with recent listings from the construction, manufacturing, and healthcare industries.He said in the construction sector, which expanded by 22.9% in the third quarter, private and public investments in residential, non-residential, and large-scale infrastructure projects are expected to drive further growth. “Key government initiatives, such as RM9 billion for private finance initiatives and RM25.5 billion from government-linked investment companies are expected to sustain this momentum,” he added.In the manufacturing sector, Malaysia’s transformation under the New Industrial Master Plan 2030 aims to drive growth in high-value, technology-driven industries. “The government’s focus on digitalisation, green technology, and advanced manufacturing techniques is expected to attract further investments, solidifying Malaysia’s position as a competitive manufacturing hub in Asean,” he said.Malaysia’s healthcare sector is also expanding due to demographic shifts and rising health awareness. The integration of technology, such as telemedicine and digital health solutions, is anticipated to boost the sector’s growth by improving care accessibility and efficiency. “This trend, coupled with government support for medical tourism, positions Malaysia as a key player in the healthcare industry in the region,” Mohd Sedek said. Bursa Malaysia CEO Datuk Muhamad Umar Swift expressed satisfaction with the IPO momentum, noting that three Main Market IPOs were listed this week alone.“This surge reflects a thriving capital market with strong regulatory support and a diverse investor pool. Malaysia has experienced a bull run, making us the Asean exchange with the highest number of IPOs to date this year,” he said.Echoing this sentiment, the exchange regulator’s chairman Tan Sri Abdul Wahid Omar highlighted the significance of Monday’s listings, which took place on the auspicious date of 11.11. (Nov 11)“Both companies chose that date for its auspicious nature, marking a rare occasion of two listings on the same day. The last time Bursa hosted two listings on a single day was in November 2017, following the demerger of Sime Darby Group, which saw both Sime Darby Plantation Bhd and Sime Darby Property Bhd debut together,” he said.Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid noted that the strong IPO pipeline signals positive prospects for the Malaysian economy, as stable policies and a clear path towards becoming a high-income nation attract investor interest.“Malaysia’s equities are undervalued, offering upside potential. The economic and policy stability enhances investor confidence, while companies’ growth trajectories inspire optimism for the market’s future,” he said.Mohd Afzanizam said that as Bursa Malaysia continues to attract IPOs, he expects the exchange’s momentum to inspire small and medium enterprises to pursue similar growth opportunities. “The record-setting IPO activity underscores Malaysia’s resilience and strong capital market position in Asean, providing a positive outlook for 2025,” he added. – Bernama Full Article
bursa Announcing Hello You! The Janice Long Bursary By thebirminghampress.com Published On :: Wed, 29 Jun 2022 12:22:19 +0000 Long-running festival announces award to support new and emerging musicians. Full Article Community Festivals Music Radio Hello You! The Janice Long Bursary Janice Long John Fell Moseley Folk & Arts Festival
bursa Video: Three Students Receive Govt Bursaries By bernews.com Published On :: Mon, 29 Jul 2024 00:49:11 +0000 Chenice Berkeley, Kaeli Weeks-Ible and Francis Mussenden received bursary awards from the government. A Government spokesperson said, “Last week, the Government of Bermuda presented its annual Bursary Awards to three deserving young people with a combined $60,000 in funding for their studies. “This year’s awardees are: Chenice Berkeley – Studying Public Health [$20,000] Kaeli Weeks-Ible […] Full Article All News Videos #AwardWinners #BermudaGovernment #CollegeScholarships #Education #GoodNews
bursa 5K Run Event To Support Somersfield Bursary By bernews.com Published On :: Mon, 09 Sep 2024 12:22:16 +0000 David Lunn, a PE Teacher and alumnus of Somersfield Academy, will host a 5K Fun Run and Walk on September 29, 2024, to support the school’s Bursary Fund, with proceeds aiding students in need. A spokesperson said, “Somersfield Academy is proud to announce that David Lunn, a dedicated alumnus and PE Teacher at the school, […] Full Article All Sports #BermudaRoadRunning #CharityEvents #Education #SomersfieldAcademy
bursa Bursa elvețiană cumpără Aquis din Marea Britanie în cea mai mare achiziție din 2020 By www.forbes.ro Published On :: Tue, 12 Nov 2024 11:10:05 +0000 Operatorul bursei elvețiene, SIX Group AG, a convenit achiziția Aquis Exchange Plc, o bursă de tranzacționare și furnizor de date din Marea Britanie, într-o tranzacție cu o valoare de aproximativ 194 milioane de lire sterline (250 milioane de dolari), potrivit Bloomberg. Conform unui comunicat de presă emis luni, consiliul Aquis a recomandat în unanimitate această ... The post Bursa elvețiană cumpără Aquis din Marea Britanie în cea mai mare achiziție din 2020 appeared first on Forbes Romania. Full Article Actualitate Afaceri Bani și Investiţii
bursa CPM calls for disbursal of pay arrears By www.thehindu.com Published On :: Mon, 28 Oct 2024 20:57:45 +0530 Full Article Puducherry
bursa PM E-DRIVE: Government starts disbursal of incentives amounting to ₹320 crore in first month of scheme By www.thehindubusinessline.com Published On :: Mon, 04 Nov 2024 20:53:09 +0530 Total 28,81,436 units of EVs to be incentivised with an outlay of ₹10,900 crore in the next 2 years Full Article Economy
bursa Don’t delay loan sanction and disbursal to central schemes beneficiaries, Srinivas Poojary tells banks By www.thehindu.com Published On :: Thu, 07 Nov 2024 07:00:00 +0530 Full Article Mangaluru
bursa Directorate of Collegiate Education introduces SOP for guest lecturer postings, salary disbursal By www.thehindu.com Published On :: Mon, 04 Nov 2024 20:47:22 +0530 Principals are mandated to ensure that salaries for guest lecturers are paid prior to submitting salary bills for regular faculty members Full Article Kerala
bursa Appleby Announces Award & Bursary Recipients By bernews.com Published On :: Wed, 21 Aug 2019 16:07:41 +0000 For the last 40 years, the partners of Appleby have provided awards and bursaries to qualified Bermudian applicants who have demonstrated academic excellence within the legal field, community outreach and extracurricular activities. The year’s Legal Education award, valued at $30,000, is awarded to Karim Creary, a graduate from St. Lawrence University who has been a […](Click to read the full article) Full Article All Business News #Appleby #AwardWinners #BermudaBusiness #Education #GoodNews #Lawyer
bursa Apply For BELCO Scholarships & Bursaries By bernews.com Published On :: Mon, 27 Apr 2020 13:17:40 +0000 BELCO has extended the application deadline for its annual scholarships and bursaries until May 31, 2020. A spokesperson said, “Bermuda Electric Light Company Limited [BELCO] has extended the application deadline for its annual scholarships and bursaries, ranging from $1,000 to $25,000 per selected student. Bermudian students may now apply for this year’s scholarships by May […](Click to read the full article) Full Article All Business #BELCO #BermudaBusiness #CollegeScholarships #Education
bursa Salary - Mobile Exp Claim Non Reimbursable by Employer By feedproxy.google.com Published On :: Fri, 8 May 2020 01:12:40 GMT I am paying Telephone / Internet Expenses of Rs 764/- per month (One Landline + One Mobile Postpaid Connection) which is non reimbursable by the employer. I am working as a Salaried Employee. Please let me know under which Income Tax Section can I claim deduction for the same if the same are non reimbursable by the employer. I am getting proper Bills for the same from the Communication Vendor.I need to claim only tax benefit on the same by sending the same to my employer. Please reply urgently as Tax Declarations are on the way. Full Article
bursa Govt sees 67% increase in disbursal through textile fund in 6 years By www.business-standard.com Published On :: Thu, 18 Feb 2016 14:40:00 +0530 Eyes disbursal of Rs 30,000 crore under the Amended Technology Funds Scheme Full Article
bursa Information technology in bio- and medical informatics: 7th International Conference, ITBAM 2016, Porto, Portugal, September 5-8, 2016, Proceedings / M. Elena Renda, Miroslav Bursa, Andreas Holzinger, Sami Khuri (eds.) By library.mit.edu Published On :: Sun, 25 Sep 2016 06:28:25 EDT Online Resource Full Article
bursa Information technology in bio- and medical informatics: 8th International Conference, ITBAM 2017, Lyon, France, August 28-31, 2017, Proceedings / Miroslav Bursa, Andreas Holzinger, M. Elena Renda, Sami Khuri (eds.) By library.mit.edu Published On :: Sun, 24 Sep 2017 06:33:48 EDT Online Resource Full Article
bursa Kayseri, Adana, İzmir, Elazığ, Niğde, Bursa: assessment report of architectural cultural heritage / Banu Pekol, general editor By grammy.mit.edu Published On :: Mon, 18 Mar 2019 Rotch Library - NA1371.K4 K397 2018 Full Article