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FROM THE BOARD OF DIRECTORS AND SENIOR MANAGEMENT
34
Bursa Malaysia •
Annual Report 2015
CEO’S MESSAGE
AND MANAGEMENT
DISCUSSION AND ANALYSIS
SECURITIES MARKET
ACE MARKET LISTINGS
TOTAL IPO FUNDS RAISED
TOTAL IPO MARKET CAPITALISATION
RM97.7
million
RM368.3
million
4
NO. OF LISTINGS
EDUCATION & ENGAGEMENT
separate retail investor events
both locally and overseas
retail investors
engaged
Over
153
23,220
BUILDING SUSTAINABLE COMMUNITIES
As part of Bursa Malaysia’s overall effort to embed sustainable values in our
outreach activities, Bursa Malaysia’s Securities Market outreach initiatives
can be broadly grouped into three categories.
EDUCATION AND ENGAGEMENT
Bursa Malaysia believes that education remains a crucial focus in view
of our vision to establish an inclusive sustainability framework involving
all stakeholders. Long-term sustainability requires the cooperation of
all stakeholders to make discerning choices about how they invest and
what they invest in. It is especially important for us to reach out to young
retail investors as they represent the backbone of the next generation of
investors.
Events such as the Bursa Young Investor Club and the Bursa Investor
Education Workshop have proven themselves to be effective channels of
engagement in terms of raising financial literacy and the level of investment
knowledge.
Bursa Malaysia is also targeting non-traditional investing audiences as we
believe that there remain pockets of underserved Malaysians. For example,
we held the Diamond Club event in collaboration with brokers to target
Malaysian women, who are the majority of savers in the country. With
better financial education, we hope to see greater mobilisation of domestic
liquidity from savings into investments.
While our education programmes will certainly create a more vibrant
market, we believe that these programmes also represent an important
social responsibility. Through our education activities, we are empowering
and enabling society to make better financial decisions and hence become
more financially sustainable over the long term.
BURSA MALAYSIA IS ASEAN’S LARGEST FUNDRAISING MARKET FOR
THE SECOND CONSECUTIVE YEAR
The volatile market did not dissuade PLCs from making Malaysia their
top choice in ASEAN for their fundraising activities, both from IPOs and
secondary market, raising a total of RM21.2 billion in 2015. Although the
number of IPOs in 2015 fell to 11 from 14 in the previous year, the RM4.1
billion raised through primary listings coupled with RM17.1 billion from
secondary listings made Bursa Malaysia the top equity capital fundraiser in
ASEAN. Notable IPOs for the year included the listing of Malakoff Corporation
Berhad and Sunway Construction Group Bhd which raised RM2.7 billion
and RM0.5 billion respectively.
Bursa Malaysia also played a central role in facilitating the listing journey
of small and medium size enterprises (“SMEs”) in collaboration with other
stakeholders. A total of 130 foreign and domestic companies attended the
IPO briefing sessions held in 2015.
ACE MARKET FRAMEWORK REVIEWED TO BOOST SME LISTING
Bursa Malaysia reviewed and made changes to its ACE Market Framework
in 2015, which is expected to encourage more SME listings. We conducted
a number of initiatives including engagements with individual SMEs that
have the potential to tap into our existing capital raising platforms, be it in
the debt or equity space.
Given time and adequate support, we believe that some of these SMEs will
grow into full-fledged PLCs, and will add to the diversity and vibrancy of the
Malaysian capital markets.