The Entrepreneur Development and Cooperatives Ministry plans to provide assistance to any micro, small, and medium enterprise (MSME) registered under SME Corporation Malaysia seeking to list their business on Bursa Malaysia next year.
Its Minister Datuk Ewon Benedick said that this aid would ease their burden, especially in terms of the listing fee.
“Getting listed entails a (high) fee. We have studied and considered the assistance for MSME businesses that are preparing for listing, on condition that they must participate in SME Corp’s (Score) programme and receive a rating of five stars,” he said.
He also expressed pride that 21 of the MSMEs are planning to list their business on Bursa Malaysia, with 10 aiming to do so in the near future, and said he expected more MSMEs to take that step.
“The government hopes that more MSMEs will make the leap and begin the transition to becoming large companies,” he added.