KUALA LUMPUR: Malayan Banking Bhd (Maybank) and Bursa Malaysia Bhd will host the 15th Invest Malaysia Capital Market Forum, March 19-20.
In a joint statement yesterday, the two companies said the event will be held at the Shangri-La Hotel Kuala Lumpur, where 63 Malaysian listed companies with a total market capitalization of RM 913 billion will be presented.
They expect the event to attract over 1,000 local and regional fund managers from Thailand, Japan, Singapore, Hong Kong, US and UK, with total assets under management estimated at US $ 20.16 trillion (RM82.45 trillion).
Prime Minister Tun Dr Mahathir Mohamad is expected to deliver the opening speech and be the guest of honor.
âThe Invest Malaysia Forum is the perfect platform to express Malaysia’s ambition, purpose and clarity for its next phase of development, placing the country firmly on the radar of international investors,â said the CEO of Bursa Malaysia, Datuk Muhamad Umar Swift.
He added that the country’s growth is intact, despite potential short-term challenges, and that its resilience and dynamism make it a strong investment choice in a world of uncertainties.
âBeyond that, Malaysia’s institutional frameworks are strong and flexible enough to meet changing times and needs. Our dynamism and our attractiveness are manifested by the strong participation and contribution of foreign investors.
âDespite all the headwinds of the past year, foreign capital outflows from our capital market were second lowest among our ASEAN emerging market peers and our foreign holdings remained intact at 23.4% of total market capitalization, âUmar said.
Maybank Group Chairman and CEO Datuk Abdul Farid Alias ââsaid the bank believes Malaysia is a must-see investment destination and a gateway to other ASEAN markets, but must maintain its competitiveness in the light of the fourth industrial revolution.
âMalaysia needs to maintain its competitiveness by implementing essential structural reforms while integrating environmental, social and governance factors to ensure an attractive business climate for investors.
âThe Invest Malaysia Forum is designed to spark a structured dialogue around the role of environmental, social and governance factors and the accountability of capital market leaders. We look forward to some of the world’s leading financial market influencers coming together to participate in the discussion, âsaid Abdul Farid.