KUALA LUMPUR: BURSA MALAYSIA BHD [] expects the proposed listing of Felda Global Ventures Holdings's sugar business to provide investors opportunities to participate in the growth of a stable company.

Bursa chief executive officer Tajuddin Atan said on Tuesday, April 12 the listing exercise was also a 'positive demonstration of the Government's call to sell down its government assets to allow for greater liquidity'.

In his response to the announcements made at Invest Malaysia 2011, he said Bursa Malaysia was also looking forward to the setting up of private pension funds and hoped they would contribute to market vibrancy through the different trading strategies that they may adopt.

'I hope to see more robust trading instead of holding on of the funds. The opportunity is great as more private pension funds will see more monies channelled into the market,' he said.

On the government's move to expand the derivatives market,'' Tajuddin said Bursa was looking into expanding the derivatives offerings and making it more appealing.

He also said Bursa Malaysia welcomed the announcement to reduce regulatory red tape as this will lead to increased efficiency and faster turn-around of approvals.

'The introduction of a new dual licensing scheme will result in more cross selling opportunities and the increase in proprietary day traders will lead to greater market vibrancy and liquidity,' he said.