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Invest Malaysia Attracting Us Funds With Focus On High Growth Sectors And Asean Multinationals

Date 30/10/2013

Bursa Malaysia, Malaysia’s stock exchange, in partnership with Maybank Kim Eng, one of ASEAN’s leading investment banks, will showcase 14 of Malaysia’s most investable companies that are tapping into the growth of ASEAN and transforming into regional and global multinationals. The upcoming Invest Malaysia USA 2013 (IMUS 2013) capital market roadshow in New York, Boston and San Francisco this 4th to 8th November, will provide US based fund managers an opportunity to meet one-on-one with these companies. 

In the lead-up to IMUS 2013, earlier this month Malaysian Prime Minister Najib Razak, held an open dialogue with 15 fund managers in New York on investment opportunities emanating from Malaysia with emphasis on what is fuelling the growth of Malaysian multinationals. Senator Wahid Omar, Minister in the Prime Minister’s Department, will follow up on the Prime Minister’s visit and address fund managers at the start of IMUS 2013 in New York on 4th November.  

Inviting US funds to be part of the growth of Malaysian companies in ASEAN, Tajuddin Atan, Chief Executive Officer of Bursa Malaysia, said, “Invest Malaysia is our platform for fund managers to access the opportunities in Malaysia’s capital market. In recent years, the rapid growth of Malaysian multinationals has further raised the importance of Invest Malaysia as the destination for investors to access the growth opportunities of ASEAN.” 

John Chong, Acting Head of Maybank Kim Eng Group emphasised, “Over these last few years we have seen our market grow and Malaysia earning its place as ASEAN’s Multinational Marketplace. The 14 companies that will be showcased at IMUS 2013 are among the most investable companies on Bursa Malaysia that have grown into regional champions. Across a number of key economic sectors, whether in the banking, palm oil, oil & gas or construction sectors, Malaysian PLCs are delivering an ASEAN multinational marketplace here in Malaysia.” 

Almost 25% of the FTSE ASEAN 40 constituents are indigenous Malaysian companies while according to Tajuddin, 45% of revenues earned by FBM KLCI companies are from overseas.  

The Malaysian multinational companies at IMUS 2013 represent a broad sector-range including financial services, oil gas, property development, construction, airports and telecommunications. The corporates will provide insights through 1-on-1 conversations with fund managers in New York, Boston and San Francisco from 4th to 8th November 2013. 

Companies attending are: AirAsia X, ASTRO Malaysia, Bursa Malaysia, Digi.com, Felda Global Ventures, IJM Corporation, Malaysia Airports Holdings, Maybank Group, Muhibbah Engineering, My EG Services, SapuraKencana Petroleum, Sime Darby, UEM Sunrise and Yinson Holdings.