Kuala Lumpur: Bursa Malaysia Bhd is projecting the listing of 60 initial public offerings (IPOs) in 2025, with an anticipated total market capitalisation of RM40.2 billion.
According to BERNAMA News Agency, Bursa Malaysia’s chief executive officer, Datuk Muhamad Umar Swift, announced that the local exchange reinforced its status as ASEAN’s leading stock exchange for IPOs in 2024. The exchange recorded 55 new listings, raising RM7.4 billion and contributing to a total market capitalisation of RM31.4 billion. Muhamad Umar expressed confidence in surpassing 60 IPOs in 2025, with companies emerging from sectors such as health, energy, construction, and trading.
Muhamad Umar also mentioned the planned relisting of MMC Ports, identifying it as a noteworthy addition to the exchange’s infrastructure segment. He expressed eagerness to welcome MMC Ports back to the bourse at Bursa Malaysia’s Financial Year Results media briefing.
Bursa Malaysia chairman Tan Sri Abdul Wahid Omar pointed out that Malaysia’s solid economic fundamentals indicate the capital market is poised for another stable year. He noted that this positive outlook is expected to maintain investor confidence, encourage investments, and boost market activity.
Abdul Wahid further highlighted that two companies have been approved for the Main market and are scheduled for listing starting in March. Additionally, 15 companies have been approved for listing in the ACE market, with more awaiting approval. He noted a targeted increase in average market value per company from RM620 million last year to RM670 million this year, including both small and large companies.
Muhamad Umar also commented on the robust economic performance in 2024, driven by Malaysia’s strengths in export sectors, domestic consumption, and growing investment prominence, fostering a supportive investment climate for 2025. He mentioned that ASEAN leadership would further enhance these favorable conditions.
While optimistic about the growth momentum in the domestic market, Muhamad Umar acknowledged potential external challenges, such as United States trade policies under the new president, interest rate decisions by major central banks, and China’s economic recovery.