MIDF is a unit of Malaysia’s largest state asset manager Permodalan Nasional Bhd PNB).
“Everything is looking attractive,” Charon told Bloomberg TV on Tuesday.
“The number of Covid-19 cases is up but I think the whole vaccination program is doing well,” he said.
Malaysia is expected to return to normalcy this year, he said.
Manufacturing sectors aren’t as badly affected as tourism and services sectors, according to him.
He said Monday’s RM150 billion (US$36 billion) economic package offers a lot of cash transfer to the right people and will help to boost the economy.
He said MIDF sees “no bubble” with environmental, social, governance (ESG) assets, and expects the trend toward investing in ESG to stay.
Malaysia stocks looking attractive now, MIDF Group MD says
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
CapitaLand Malaysia Mall Trust gets nod to expand beyond non-retail investments
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.
MIDF appoints Yasmin Mahmood to its board
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.