Invest Malaysia 2024 Hong Kong attracts 350 investors with aum of over US$3 trillion

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KUALA LUMPUR: Bursa Malaysia Bhd, which hosted Invest Malaysia 2024 (IM2024) in Hong Kong as part of its Invest Malaysia series, attracted over 350 investors, including those from fixed-income, equity, and private equity sectors, with combined assets under management (AUM) of over US$3 trillion (US$1 = RM4.333).

"Our efforts on both fronts appear to have paid off, judging from the 18 per cent increase in approved investments for the first half of 2024 and the 12.7 per cent rise in our equity market over the past year.

"Coupled with our strong economic fundamentals, Malaysia is fast becoming the preferred regional destination for high-quality investments under the MADANI economic framework,” he said.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaHong KongSingapore

Topics: Zafrul Abdul Aziz Bursa Malaysia /Business/Business News Invest Malaysia Hong Kong Investment Muhamad Umar Swift

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-12 @ 19:57:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 513 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22469850

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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