Deloitte: Malaysia raises RM2b in IPO funding in 2024’s first half, top in the region

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KUALA LUMPUR, Aug 8 — Malaysia’s initial public offering (IPO) capital market tops the Southeast Asian bourses in terms...

Meanwhile, Deloitte said historically, South-east Asia’s second half of each year has always been the better performing half between 2020 and 2022.“However, there has been a downward trend between 1H 2023 to 1H 2024, signalling subdued IPO market sentiments where investors and IPO candidates continue to navigate macroeconomic factors such as the global geopolitical climate, a high interest rate environment, and reduced liquidity,” it added.

Wong noted that Malaysia would continue to have well-established brand names in the IPO landscape.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaIndonesiaPhilippinesSingaporeSudanThailandVietnam

Topics: Deloitte IPO

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-08 @ 08:56:22 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 430 words

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Copyright Owner: © Malay Mail

News ID: 21985914

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