The government has allocated RM50 million under the PKS@BURSA Programme to support 200 high-potential small and medium enterprises (SMEs) in pursuing listings on Bursa Malaysia by 2030.
Entrepreneur and Cooperatives Development Minister Steven Sim Chee Keong said the initiative, led by SME Corp Malaysia, is aimed at strengthening the pipeline of businesses prepared for future public listings.
Through the programme, eligible SMEs can apply for financing of between RM2 million and RM5 million under the SME Listing Fund, with a profit rate capped at 5% for up to five years.
Participating companies may also qualify for a rebate of up to 20% if they successfully list on Bursa Malaysia within five years, helping to reduce listing-related costs and encourage greater participation in the capital market.
Speaking to the media after launching PKS@BURSA and officiating the “Road to IPO” event on Thursday, Sim said the funding can be used for working capital, corporate financing, and expenses linked to IPO preparations.
He noted that the programme addresses two key challenges commonly faced by growing businesses — high listing costs and the operational capacity required to enter the capital market.
According to Sim, the initiative provides a clearer pathway for SMEs with strong growth potential to expand operations and gain access to financing through Bursa Malaysia.
He added that PKS@BURSA aligns with the goals of the 13th Malaysia Plan, which seeks to strengthen the country’s capital market ecosystem and improve access to growth funding for local businesses.
“Our aim is not only to create more listed companies, but to develop more companies that are capable of being listed,” he said.
Beyond financial support, the programme also focuses on capacity building, helping SMEs improve governance and management practices needed to meet listing requirements.
Sim added that SME Corp Malaysia will work with Credit Guarantee Corporation Malaysia Bhd, Bursa Malaysia, and other agencies to provide guidance and support to participating SMEs.
