Bursa Malaysia Berhad has launched the Bursa Research Incentive Scheme (Bursa RISE) which aims to improve the trading velocity and corporate profile of participating public-listed companies (PLCs) through research coverage and marketing activities.
Carried out by licensed research houses, the programme’s goal is to create a better appreciation of their fundamentals, leading to better value recognition for the companies.
“Bursa RISE is an initiative in line with the evolving capital market landscape where investors seek greater stakeholder engagement and more transparent communication,” said Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa
Malaysia. “With the increasing emphasis on sustainable practices, I believe Bursa RISE will help participating PLCs raise the bar in corporate governance, transparency, and disclosure through more frequent and meaningful stakeholder engagements.”
The programme also includes the Investor Relations (IR) and Public Relations (PR) Incentive Programme, which provides IR and PR support to participating PLCs to enable better engagement with their stakeholders, shareholders, the investment
community, the media, and the public more effectively.
The new incentive scheme complements and supports the PLC Transformation programme which has the objective of encouraging listed companies to be more transparent in their performance, allowing investors to gain better insight to facilitate informed investment decision making. Further data based on a study of a past research programme, has shown that velocity for participating companies had improved as a result of increased research and profiling.
“With greater engagement and marketing efforts, we expect investors to pay more attention to the participating PLCs,” added Datuk Muhamad Umar Swift. “All these programmes we have put in place are expected to improve corporate accessibility for participating PLCs, while generating positive outcomes for PLCs, and greater opportunities for investors and stakeholders.”
