KUALA LUMPUR (Nikkei Markets) -- Initial public offerings in Malaysia will likely pick up pace from the second half of this year as political uncertainties ease with smooth transition of power that helped calm investors following a shock election outcome in a steadily expanding economy, bankers said.
Issuers have stayed on the side lines ahead of Malaysia's May 9 national election and there would be a significant number of backlog IPOs going to the market in the second half of 2018 and in 2019, said Maybank Kim Eng Regional Head of Equity Capital Markets Ramesh Manimekalanandan.
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