Kenyataan Media
BURSA MALAYSIA LAUNCHES PRACTICAL GUIDE TO LISTING
Bursa Malaysia today unveiled a Practical Guide to Listing on Bursa Malaysia to assist aspiring companies, particularly small and medium enterprises (SMEs), on their listing journey and life as a listed company. The Going Public Guide was launched by Y.B. Dato’ Sri Mustapa Mohamed, Minister of International Trade and Industry at the opening of the IPO Seminar 2011 organised by Bursa Malaysia in collaboration with SME Corporation Malaysia.
Tun Mohamed Dzaiddin Bin Haji Abdullah, Chairman of Bursa Malaysia, Tan Sri Azman Hashim, Chairman of Malaysian Investment Banking Association (MIBA) and Dato’ Hafsah Hashim, Chief Executive Officer of SME Corporation Malaysia were also present to grace the event.
Dato’ Tajuddin Atan, Chief Executive Officer of Bursa Malaysia, said, “For a company, going public is not only a very important decision, but also a major turning point in its development process. With this in mind, Bursa Malaysia developed the Practical Guide to Listing on Bursa Malaysia, with input from some of the key advisers experienced in bringing companies to the market.
“The Guide provides a practical outline of the listing process, as well as an insight into life as a public company. One of the main challenges that companies face is the mindset change of being a public company from being a privately-held one. This Guide provides the full spectrum of what it takes to be a public company and the expectations that come with being a listed company.
“Despite market volatility in recent months due to external factors, Bursa Malaysia has remained resilient in providing the platform for matching capital seekers with capital providers. Year-to-date, we have had 27 listings, raising a total amount of RM6.0 billion and there are applications and approved companies in the pipeline.”
The IPO Seminar is one of the initiatives spearheaded by the Exchange to support the Government’s agenda in enhancing the understanding of access to funding for SMEs and assist them in their preparation to take their companies to the next level as listed entities.
The seminar was attended by past and present winners of the Enterprise 50 (E50) Award. The E50 Award recognises 50 of the top most performing Malaysian SMEs that have the largest potential to excel in future and go global.
Aside from the launch of the Going Public Guide, which was jointly developed by Bursa Malaysia and MIBA, the seminar also featured discussions on the available options for entry into Bursa Malaysia, the processes and criteria for listing. Directors of listed companies were also present to share their experience in listing their respective companies. They also provided a glimpse into life as a public listed company.