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Listing your company on Bursa Malaysia

IPOs in 2023

29/02/2024
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Introduction

We live in interesting times where wealth can be created in numerous ways. One of them is to list a company. 

A listed company’s shares become a form of currency which can be used for a variety of purposes. An example would be to use the shares as currency for the acquisition of businesses to grow the listed company. A bigger and more competitive company is always more attractive to future investors. 

In a nutshell, success builds upon success. Many other opportunities will also follow. Access to capital is not only restricted to issuing of shares but to having access to the capital market by way of bonds, convertible loan stocks, etc. 

Truly, one just needs some imagination to be able to harness the power of the stock exchange.

We are honored to share with you in this publication some of our knowledge on IPOs based on our many years of experience in this field as IPO advisers, reporting accountants, listed company auditors, listed company tax consultants and listed company internal auditors. 

If you are contemplating an IPO, please feel free to contact us for a chat. We will be most glad to travel on this interesting journey with you. Like the quote says “If you want to go fast go alone. If you want to go far go together.”

Together, we can work to make your IPO a great success!

In 2023, Bursa Malaysia experienced a dynamic year with a total of 32 initial public offerings (IPOs), reflecting a vibrant and diverse market landscape. The distribution of these listings showcased the vibrancy of Bursa Malaysia, with 1 company listing the Leap Market, 24 opting for the ACE Market, and 7 entering the Main Market. The cumulative funds raised through these IPOs reached an impressive RM3.6 billion, amplifying the financial vitality of the exchange. This substantial influx of capital played a pivotal role in elevating the market's overall valuation to a notable RM18.0 billion. 

For those considering taking their company public, Bursa Malaysia's thriving IPO landscape in 2023 highlights the favorable environment for listings. Whether your company is suited for the Leap Market, ACE Market, or Main Market, the Malaysian Stock Exchange offers a platform for companies of diverse sizes and industries to access capital and enhance their market presence.

If you're interested in exploring the possibilities of listing your company on Bursa Malaysia, read on for more information on how to navigate the listing process and tap into the potential benefits of being a publicly listed entity.