SCThe Securities Commission will introduce a small and mid-cap public listed companies research scheme and investment fund in the second quarter of this year to drive investor interest in these companies. SC chairman Tan Sri Ranjit Ajit Singh said the three-year programme will be implemented in phases. He noted that mid cap companies had not seen much market participation due to among others, insufficient analyst coverage and lack of awareness in the quality of the companies. “As a step forward, the SC will be working with the industry and the exchange to operationalise the small and mid cap plcs research scheme and the RM3bil special fund as announced in Budget 2017,” Ranjit said.

Source: Bernama


Please enter your comment!
Please enter your name here