Number of M'sia firms announce plans for mega IPO

A number of Malaysia firms have announced plans for mega initial public offerings. These mega listings may well help Bursa Malaysia cement its position as Asia's top IPO destination this year. SMU Associate Professor of Finance Annie Koh, said: "Asia has quite a lot of self-contained consumption investment drivers and I think from a financial point of view, the Bursa is in a prime position right now to say – Why don't you let us have some of our jewels to be listed? Therefore, it is a great opportunity for Malaysia to brand itself. It is a great opportunity for Malaysia to say, look we carried some of the big IPOs in the downtime and this could be the place for you to consider listing your company."