malaysiang
KUALA LUMPUR, VentureTECH Sdn Bhd has joined hands with Tokyo Stock Exchange Inc (TSE) in efforts to support the listing of multinational companies on the exchange.
Its chief executive officer Ahmad Redzuan Sidek said the partnership not only opens new horizons for Malaysian companies but also reinforces its commitment to driving the growth of high-potential local businesses.
‘By providing access to Japan’s dynamic capital markets, we are enabling our local companies to scale faster, attract strategic investment and elevate their market presence on a global stage.
‘Moreover, this collaboration is a testament to VentureTECH’s vision of empowering bumiputera entrepreneurs and high-growth industries in Malaysia, facilitating their expansion into international markets,’ he said in a statement here.
Apart from that, the company said the strategic collaboration marked a significant step towards strengthening cross-border financial ecosystems and enhancing Asian participation in Japan’s capital markets.
It add
ed that the collaboration aligned with the establishment of the TSE Asia Startup Hub, an initiative by the Tokyo Stock Exchange to attract promising Asian companies for initial public offerings (IPOs) in Japan.
‘This hub provides extensive support in business development, fundraising and IPO preparations, with the goal of increasing the number of cross-border listings on the TSE. Through this partnership, VentureTECH will actively provide support in response to requests from the TSE Asia Startup Hub,’ it said.
The TSE Asia Startup Hub which was created to recruit and nurture high-potential companies from across Asia, focusing on supporting their journey from growth stage to IPO, will begin recruiting eligible companies in the third quarter this year.
TSE also offer guidance to companies interested in expanding their business presence in Japan, provides tailored assistance such as business matching, visibility enhancement and facilitating connections with Japanese venture capital and corporate investors.
Source: BERNAMA News Agency
