KUALA LUMPUR, July 3 — Outstanding sukuk and debt securities in the Malaysian market stood at RM1 trillion, as of May this year, a figure comparable to other major markets in the region.
Securities Commission Malaysia (SC) Deputy Chief Executive Datuk Nik Ramlah said as for the market capitalisation of Bursa Malaysia, it stood at RM1.6 trillion.
“In Malaysia, the size of the capital market has more than tripled to RM2.5 trillion since 2000, representing over 264 per cent of the Gross Domestic Product,” she said in her speech at the Malaysia Investor Relations Awards 2013 here today.
Meanwhile, Bursa Malaysia Chief Executive Officer Datuk Tajuddin Atan said corporates must continue to strive to leverage on their advantages and the growth of Asean, to fuel their multinational expansion.
Tajuddin said as a country, Malaysia is strategically located at the heart of Asean’s 600 million people.
“As it is, our FBMKLCI companies now generate 45 per cent of their revenue from overseas,” he said in his opening remarks at the same event.
He said there was also a strong need to institutionalise knowledge and best practices, while striving to constantly aspire to internationally recognised standards.
At the Malaysia Investor Relations Awards 2013 today, CIMB Group Holdings Bhd was the big winner, as the company bagged five awards under the Large Cap Category, including Best Company for Investor Relations and Best CEO for Investor Relations. — Bernama
