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Six Malaysian Companies Listed In Forbes Asia 100 To Watch

Six Malaysian Companies Listed In Forbes Asia 100 To Watch
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Forbes Asia 100 To Watch 2023

A drought in global venture capital activity has not deterred startups across Asia from breaking new ground. This year’s Forbes Asia 100 to Watch list spotlights small companies and startups across the region that are targeting underserved markets or applying new technologies.

Malaysia s private equity industry needs further boost

WHILE the global private equity (PE) industry has enjoyed strong growth over the last decade driven by increasing investor allocations, market appreciation and outperformance of private firms compared with public companies the industry in Malaysia has remained relatively sluggish. According to the Institute for Capital Market Research Malaysia (ICMR), more needs to be done to grow the market. These include a healthier and more diverse ecosystem of fund managers and private investors to address the country’s rising liquidity needs.

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