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Conference Highlights:
- IMKL 2023 is expected to bring together approximately 1,000 local and foreign fund managers, with a combined AUM of USD10 trillion (approx. RM44 trillion)
- Prime Minister is set to deliver keynote address on key strategies to accelerate economic recovery and strengthen Malaysia’s competitive landscape
- Four Ministers and the MOF Secretary General will discuss their respective Ministries’ masterplans in support of the Government’s plans to enhance Malaysia’s appeal as an investment hub
Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) and Maybank will co-host the 21st instalment of Invest Malaysia (“IMKL 2023”) on 8 March in Kuala Lumpur. The forum, which is Malaysia’s largest annual capital market gathering, is expected to attract an estimated 1,000 local and foreign fund managers, attending in person and online, with an estimated total AUM of USD10 trillion (approximately RM44 trillion).
Themed “Reshaping Malaysia’s Narrative: Strengthening Resilience & Sustaining Growth”, IMKL 2023 will provide an in-depth look at the strategic approaches and measures introduced in the recent re-tabled Budget 2023, which will support Malaysia’s long-term efforts to achieve sustainable development and economic growth. The conference will be inaugurated by Prime Minister YAB Dato' Seri Anwar Ibrahim, who will deliver the Keynote Address, which is expected to focus on the country's efforts to achieve high-income nation status while adhering to the values espoused in the “Malaysia Madani” concept.
“The recent budget reinforces Malaysia’s commitment to fiscal reform while addressing key concerns investors have when making investment decisions. The absence of a prosperity tax from this year’s budget also bodes well and encourages Malaysian companies to aim for higher earnings, thus raising their attractiveness to global investors,” said Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia.
“Further, the tax incentives on listing fees for the ACE and LEAP markets, as well as for technology-based companies listed on the Main Market, will encourage the listing of more high-potential and innovative companies,” added Datuk Muhammad Umar Swift. “This would result in more investment opportunities and increased trading interest among investors while also helping us achieve our target of 39 listings for 2023.”
Dato’ Khairussaleh Ramli, Group President & Chief Executive Officer at Maybank said, “We are honoured to partner with Bursa Malaysia once again to bring IMKL 2023 to the investing community. The conversations at Invest Malaysia will provide a better understanding of Malaysia’s medium-term fiscal and economic strategy in sustaining development, enhancing competitiveness and resuming its growth trajectory. We believe that a holistic approach that balances social and economic needs is pivotal for the nation to strengthen its resilience and to sustain growth. This is reflected in Maybank’s own mission of Humanising Financial Services, driven by our M25+ strategy.”
IMKL 2023 will showcase the following conversations:
- YB Tuan Mohd Rafizi Ramli, Minister of Economy will discuss “Strengthening Economic Resilience”,
- YM Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of International Trade & Industry will share his thoughts on “Enhancing Malaysia’s Competitiveness”,
- YB Ahmad Fahmi Mohamed Fadzil, Minister of Communications & Digital will talk about “Developing a Thriving Digital Ecosystem”,
- YB Anthony Loke, Minister of Transport will discuss on “Infrastructure Development for Sustainable Growth”, and
- YBhg Datuk Johan Mahmood Merican, Treasury Secretary General, Ministry of Finance will share further details on “Budget 2023 Highlights and Strengthening Fiscal Reform”.
“IMKL 2023 will provide impetus to strengthen the key building blocks that will reinforce Malaysia’s reputation as an attractive investment destination in the region,” concluded Datuk Muhamad Umar Swift.
IMKL 2023 will be live-streamed for public viewing on Bursa Malaysia’s Facebook page at https://www.facebook.com/BursaMalaysia/ on Wednesday, 8 March 2023 starting at 10.00am.
