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The Star
30-04-2025
- Business
- The Star
Bursa Malaysia launches Bursa RISE+ to enhance visibility, profile of companies
Bursa Malaysia chief executive officer Datuk Fad'l Mohamed KUALA LUMPUR: Bursa Malaysia Bhd has announced the launch of its expanded research incentive scheme, Bursa Research Incentive Scheme Plus (Bursa RISE+), to enhance the visibility and corporate profile of selected Malaysian companies. In a statement today, Bursa Malaysia said that through the initiative, which is supported by the Capital Market Development Fund (CMDF), the Malaysian public would have access to comprehensive research coverage conducted by licensed research houses. Chief executive officer Datuk Fad'l Mohamed said Bursa RISE+ underscored the exchange's commitment to promote the capital market as a source of funding for public listed companies (PLCs), private companies, and pre-listed firms. "Through its comprehensive research coverage, Bursa RISE+ aims to raise the profile and visibility of Malaysian companies among investors, thereby facilitating their fundraising efforts throughout their lifecycle,' he said. The research coverage of Bursa RISE+ is wider compared to the earlier phase, Bursa RISE, which focused solely on PLCs, now also encompassing private companies with growth potential, as well as pre-initial public offering (IPO) firms en route to listing on Bursa Malaysia. Bursa RISE+, a two-year initiative, aims to enhance the visibility of 60 PLCs throughout its duration and 40 private companies or pre-IPO firms each year. The research reports produced under the initiative will be accessible to the public via the MyBURSA Customer Portal. - Bernama
Yahoo
11-03-2025
- Business
- Yahoo
Bursa Malaysia Berhad (KLSE:BURSA) down to RM6.0b market cap, but institutional owners may not be as affected after a year of 5.8% returns
Institutions' substantial holdings in Bursa Malaysia Berhad implies that they have significant influence over the company's share price The top 7 shareholders own 51% of the company Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business A look at the shareholders of Bursa Malaysia Berhad (KLSE:BURSA) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are institutions with 40% ownership. Put another way, the group faces the maximum upside potential (or downside risk). Institutional investors was the group most impacted after the company's market cap fell to RM6.0b last week. However, the 5.8% one-year return to shareholders might have softened the blow. We would assume however, that they would be on the lookout for weakness in the future. In the chart below, we zoom in on the different ownership groups of Bursa Malaysia Berhad. Check out our latest analysis for Bursa Malaysia Berhad Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. As you can see, institutional investors have a fair amount of stake in Bursa Malaysia Berhad. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Bursa Malaysia Berhad, (below). Of course, keep in mind that there are other factors to consider, too. Hedge funds don't have many shares in Bursa Malaysia Berhad. Capital Market Development Fund is currently the company's largest shareholder with 19% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 12% and 11%, of the shares outstanding, respectively. We did some more digging and found that 7 of the top shareholders account for roughly 51% of the register, implying that along with larger shareholders, there are a few smaller shareholders, thereby balancing out each others interests somewhat. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our information suggests that Bursa Malaysia Berhad insiders own under 1% of the company. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. It's a big company, so even a small proportional interest can create alignment between the board and shareholders. In this case insiders own RM23m worth of shares. It is always good to see at least some insider ownership, but it might be worth checking if those insiders have been selling. The general public, who are usually individual investors, hold a 39% stake in Bursa Malaysia Berhad. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. We can see that Private Companies own 19%, of the shares on issue. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Be aware that Bursa Malaysia Berhad is showing 1 warning sign in our investment analysis , you should know about... But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
