Bursa Malaysia Bhd (“Bursa Malaysia”) will, once again, play host to domestic and foreign investors and fund managers in a three-day conference to promote Malaysia as Asia’s premier investment destination.
At the Invest Malaysia 2007 conference, to be held here from 21 to 23 March, the discussions and plenary sessions will focus on three main themes – the next stage of the transformation of government-linked companies (GLCs), the Ninth Malaysia Plan (9MP) and its execution, and positioning Malaysia as an International Islamic Financial Centre.
This will be the third in the annual Invest Malaysia series of conferences, and the sponsors for next year’s event are RHB Investment Bank Bhd (“RHB InvestBank”) and UBS.
Chief Executive Officer of Bursa Malaysia, Dato’ Yusli Mohamed Yusoff, said, “With the current positive sentiment and strong interest from foreign funds, we see Invest Malaysia 2007 as a perfect conduit to showcase the best of what the Malaysian capital market has to offer. Foreign funds are increasingly looking at Malaysia again and this conference is important in presenting not just Malaysian companies but also our capital market’s strengths.”
At least 30 Malaysian corporate personalities, comprising chief executives and chief financial officers were expected to give their views on Corporate Malaysia during the conference. Bursa Malaysia expects at least 80 foreign institutions and 120 Malaysian institutions to send delegates to the conference. At Invest Malaysia 2005, more than 300 fund managers from 120 domestic and foreign institutions were at the conference. This year, more than 500 fund managers representing 183 foreign and domestic institutions attended the conference.
He said the Invest Malaysia conference had become the forum for Malaysia to promote itself as an investment destination as there were numerous investment opportunities awaiting foreign as well as domestic investors keen to put their money in areas with huge potential for growth.
“These are certainly very exciting times for Corporate Malaysia. The market has been rather bullish, boosted by major corporate exercises already underway or in the pipeline,” he said.
“The implementation of the 9MP is also expected to give the various sectors, particularly construction and building materials, a major shot in the arm. We are certainly very bullish about the future, and this is the story we want to sell to the fund managers,” he added.
Chief Executive Officer of RHB InvestBank, Mr Chay Wai Leong, said the RHB Banking Group was honoured to be given the opportunity to sponsor the event.
“The Malaysian market has reached a new and higher level of sophistication in the past year or so and, combined with the positive developments in the market today, many opportunities are there for the taking,” Mr Chay said.
“The conference will offer an opportunity for fund managers, particularly those from outside the country, not just to see how far we have come, but also to take advantage of the investment opportunities therein,” he added.
"UBS is delighted to return as a key sponsor of the Invest Malaysia conference for a second consecutive year, underlining our continued commitment to helping facilitate Malaysia’s markets in becoming increasingly strong, liquid and attractive for all investors, fund managers and analysts," said Leong Fee-Yee, Head of Malaysia Equities, UBS.
"We believe firmly in a long-term investment and are confident that Malaysia will be a valuable and attractive investment to foreign investors and the various stakeholders," she added.
