SC, Bursa Malaysia propose market enhancements

MALAYSIA: The Securities Commission Malaysia (SC) and Bursa Malaysia have proposed enhancements to the LEAP Market under the LEAP Market 2.0 initiative to improve fundraising access for MSMEs and mid-tier companies, while facilitating a smoother transition from private to public markets. SC Chairman Mohammad Faiz Azmi said the move would support a more inclusive capital market ecosystem by lowering fundraising costs and improving access to growth capital, noting that one equity crowdfunding issuer has transitioned to the LEAP Market while 10 LEAP-listed firms have migrated to the ACE Market to date.