Thursday 18 Apr 2024
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This article first appeared in The Edge Financial Daily on January 22, 2018

KUALA LUMPUR: Bursa Malaysia and Malayan Banking Bhd (Maybank) will be co-hosting this year’s 14th Invest Malaysia (IM2018) tomorrow and on Wednesday.

Themed “Connecting Strengths. Advancing Performance”, IM2018 will showcase 61 Malaysian-listed companies, ranging from large- to mid-cap companies with a market capitalisation totalling RM767.6 billion.

Prime Minister Datuk Seri Najib Razak will be delivering the keynote address at the event, Bursa and Maybank said in a joint statement last Friday.

The statement added that the event is expected to gather over 1,000 local and regional fund managers from Taiwan, Thailand, Singapore, Hong Kong, the US and the UK, with total estimated assets under management of US$17.2 trillion (RM67.77 trillion).

Notable conversationalists at this year’s Invest Malaysia include IMD World Competitiveness Centre founder Professor Stéphane Garelli, Permodalan Nasional Bhd group chairman Tan Sri Abdul Wahid Omar, Value Partners chairman and co-chief investment officer Datuk Seri Cheah Cheng Hye, and Catcha Group co-founder and chief executive officer (CEO) Patrick Grove.

“This year’s conference aims to connect these strengths, and provide the impetus that will advance our performance and ensure that Malaysia remains a top investment and listing destination and [will] solidify our position as a vibrant capital market,” Bursa CEO Datuk Seri Tajuddin Atan said in the statement.

Maybank group president and CEO Datuk Abdul Farid Alias said the bank is expecting the economic strength of 2017 to sustain well into 2018 with market core earnings growth to resume.

“Malaysia’s economic strength is built upon decades of growth-focused and transformative policies that have ensured the country’s sustained competitiveness and economic robustness.

“These forward-leaning master plans were crafted to capitalise on Malaysia’s natural advantages while leveraging events that are shaping Asean, and we are confident that investors will find it a compelling story when choosing their investment destination,” he added.
 

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