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ASEAN Multinationals And High Growth Sectors The Main Draw For Hong Kong Investors To Bursa Malaysia

Date 18/10/2013

The success of the fourth Invest Malaysia capital market roadshow hosted by Bursa Malaysia and RHB Investment Bank here today, which attracted 91 Hong Kong fund managers, was another testament to Bursa Malaysia’s attraction as ASEAN’s multinational marketplace and the unique investment opportunities in the region.  

Speaking to Hong Kong fund managers at Invest Malaysia Hong Kong 2013 (IMHK 2013), Tajuddin Atan, Chief Executive Officer of Bursa Malaysia, conveyed the facts that are driving the growth of Malaysian companies and the economy.     

Tajuddin said, “The government’s ‘business transformation’ approach in the implementation of the Government and Economic Transformation Programmes as well as the Strategic Reform Initiatives (SRIs) are providing an even more conducive business environment for our listed companies to grow.  

“The IMHK roadshow is an ideal platform for us to showcase the diversity of our marketplace and our multinational companies that are expanding throughout ASEAN. The overwhelming response from fund managers is indicative of the level of investment and renewed interest of foreign investments that we are seeing in our marketplace”, continued Tajuddin. 

Mike Chan, Chief Executive Officer / Managing Director of RHB Investment Bank indicated that fund managers are taking a strong position in Malaysia as Bursa Malaysia is performing well in the midst of an uncertain economic environment. The Hong Kong fund managers are taking note of the opportunities available in Southeast Asia. With 600 million people, increasing cross border collaborations and strong GDP growth, Southeast Asia is an exciting marketplace and we are well positioned to support the growth of regional companies throughout the region. 

“With 45% of revenues from abroad for FBM KLCI companies Malaysian companies are quickly expanding their reach. When investors buy into Malaysian companies, they are not just buying into the growth of Malaysia but also benefiting from its regional, and in some cases, global exposure”, said Chan

The companies at IMHK 2013 represented a broad sector-range including financial services, property development, construction, power, green energy and healthcare. Invest Malaysia will make its next appearances in New York, Boston and San Francisco in early November this year.