KUALA LUMPUR (March 24): Malaysia's merger and acquisition (M&A) pace may improve this year on a stabilising ringgit amid higher commodity prices.

Deloitte Corporate Advisory Services Sdn Bhd director Yap Kong Meng said the market was positioning for more M&As this year as they waited for the ringgit to stabilise.

"We do see [M&A activity] improving this year because when the ringgit and commodity prices improve, [the industry] will factor these in as the new normal," Yap said.

He was speaking to reporters here today at a seminar entitled "M&A in Malaysia: Opportunities & Challenges". The seminar was organised by Malaysian Mergers & Acquisitions Association (MMAA) and Intralinks, a global content management provider.