More Malaysian companies looking at London listings
More Malaysian companies may be turning to London-based stock markets as a platform for going global as growth continues.
16 Malaysian companies are currently listed on the London Stock Exchange (LSE), including Aseana Properties and Kulim (Malaysia) Bhd on the main board. The LSE’s Alternative Investment Market (AIM) features Biofuels International Plc, Asian Plantations Ltd and Mobility One Sdn Bhd. According to the British High Commission, interest from Malaysia has been increasing in recent times after a period of little new activity over the past couple of years, and they expect it to pick up in 2011-12.
Malaysian companies are attracted to the UK generally for the same reasons as others: The UK is a long established financial center with strong intellectual property protection, an enviable pool of talent and creativity, and a network of investors. UK Trade and Investment also actively seeks foreign companies wanting to set up UK headquarters.
source & article: Business Times
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