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SC launches five-year roadmap to entice MSMEs and mid-tier companies to capital market to raise funds

Publish date: Thu, 23 May 2024, 09:59 AM

KUALA LUMPUR: The Securities Commission Malaysia (SC) today unveiled a five-year roadmap to better position the capital market as an attractive and robust source of financing for micro, small and medium enterprises (MSME) and mid-tier companies (MTC).

"The roadmap envisages the capital market serving the growing financial needs of these companies, potentially up to RM40 billion in 2028, complementing conventional financing avenue", the SC said in a statement today.

Treasury secretary-general Datuk Johan Mahmood Merican launched the 93-page roadmap entitled "Catalysing MSME And MTC Access to the Capital Market: 5-Year Roadmap (2024-2028)" on behalf of the Finance Minister II, Datuk Seri Amir Hamzah Azizan, at the SC today.

About 500 people, including senior officials from several ministries, government agencies, GLICs, regulators, financial institutions, capital market industry players, foreign diplomats as well as MSME and MTC, attended the event.

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