Excerpts from the interview with Tengku Zafrul "It's time to consolidate"
Written by NSTQuestion: How do you see the capital market for the rest of the year and next year for Malaysia and the region?
Answer: For Malaysia and the region it is similar. In Indonesia and Singapore we have had a few capital market exercises. We have seen IPOs postponed. I think the market is not conducive until the end of the year (or) first quarter next year. We don’t think it is conducive to raise funds in equity and debt markets because the pricing will be affected. For companies that are very strong, it’s still a good time to raise bonds, because people will take good credit. Good credit is no issue. We are still number one in terms of sukuk and the bond market. ................Download the full article in pdf attachment (below)
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