Bursa Malaysia cautiously optimistic of reaching 42 IPOs target for 2024

KUALA LUMPUR: Bursa Malaysia Bhd is cautiously optimistic that it will be able to achieve the goal of 42 initial public offerings in 2024 with the pace picking up in the second quarter of the year, said its vice-president of IPO marketing, Muhd Farrish Ishak.

“Funds raised from IPOs have greatly increased over the years from RM2 billion in 2019 to RM3.6 billion last year. Due to the…

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