MIDF: Budget will reinvigorate local capital market

BernamaPublished: Feb 24, 2023 2:19 PM

The proposed capital gains tax on the disposal of non-listed shares may attract more listings on the local bourse, at the granular level, said MIDF Research.

It said the Securities Commission (SC) would facilitate more secondary markets for private market instruments to improve liquidity and enable better price discovery.

"Additionally, the issuance of...

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