KUALA LUMPUR: The government has allocated RM50 million under the PKS@BURSA Programme to help 200 high-potential small and medium enterprises (SMEs) go for listing on Bursa Malaysia by 2030.
Entrepreneur and Cooperatives Development Minister Steven Sim Chee Keong said the programme, implemented through SME Corp Malaysia, aims to build a stronger channel to produce more companies ready for future listing.
He said that, through the initiative, eligible companies can access the SME Listing Fund, which offers financing between RM2 million and RM5 million at a profit rate not exceeding five per cent for up to five years.
“Companies that participate in PKS@BURSA are eligible to receive a rebate of up to 20 per cent if they are successfully listed on Bursa Malaysia within five years.