Bursa Malaysia has teamed up with TERAJU to strengthen the pipeline of Bumiputera companies preparing for initial public offerings (IPOs).
The partnership, formalised through a Memorandum of Collaboration (MoC), aims to increase Bumiputera participation in Malaysia’s capital market while supporting more companies towards listing.
Under the collaboration, Bursa Malaysia will guide selected high-potential companies in meeting IPO requirements, offering advisory support, networking opportunities with capital market intermediaries, and programmes to enhance governance and compliance standards.
TERAJU will identify suitable Bumiputera companies, facilitate access to funding and incentives, and coordinate with government agencies, financial institutions, and industry players to provide comprehensive support throughout the IPO journey.
Bursa Malaysia CEO Dato’ Fad’l Mohamed said the initiative supports the Pelan Transformasi Ekonomi Bumiputera (PuTERA35), which targets 30% Bumiputera equity ownership by 2035. He noted that many Bumiputera companies have untapped potential to grow into listed entities.
TERAJU CEO Junady Nawawi said the collaboration focuses on mid-sized Bumiputera firms with strong growth prospects that may lack structured support in preparing for listing.
In addition, Bursa Malaysia’s subsidiary BR Capital signed a separate Letter of Collaboration with TERAJU to provide debt and alternative financing solutions, helping companies scale up ahead of a potential IPO.
Both organisations have also been conducting IPO roadshows nationwide to raise awareness and encourage more companies to consider listing.
