Sabah-based corporations and SMEs will benefit from wider access to the Malaysian capital market

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KUALA LUMPUR (June 28): Sabah-based corporations and micro, small and medium enterprises (MSME) stand to benefit from the broadened access to investing and financing activities by Capital Markets Malaysia, an affiliate of the Securities Commission Malaysia (SC), as part of the commission's developmental agenda in 2019.

In a press statement, SC said Capital Markets Malaysia today hosted the inaugural Invest Borneo Forum in Kota Kinabalu to generate greater awareness of capital raising and investment opportunities in the Malaysian capital market within the Sabahan business community.

The half-day forum focused on how Malaysian businesses — including corporations, MSMEs, and entrepreneurs — can tap into the full spectrum of capital market funding solutions from initial public offerings (IPOs) and bonds to alternative market-based financing, namely equity crowdfunding (ECF) and peer-to-peer (P2P) financing to fund and expand their business operations.

“Our priority is to broaden access to investing and financing opportunities, particularly for segments which traditionally have been under-served, and encourage greater participation with the aim of building an inclusive capital market,” said SC deputy chief executive Datuk Zainal Izlan Zainal Abidin.

The commission pointed out that the key focus of its developmental agenda this year includes the broadening of access to financing for MSMEs.

SC said that the Malaysian capital market is well positioned to cater to SMEs and entrepreneurs at varying stages of financing needs thanks to its diverse range of funding options.

"While they make a substantial contribution to the economy, the SMEs and micro enterprise sector remain largely underserved," it said.

According to the SC, 100 Sabah-based business owners attended the forum to engage with speakers and panellists from the capital market including investment banks, ECF and P2P operators, digital investment platforms and rating agencies.