KUALA LUMPUR: Bursa Malaysia Bhd and RAM Holdings Bhd (RAM), through their joint entity Bursa Malaysia RAM Capital Sdn Bhd (BR Capital), today launched a debt fundraising platform for funds less than RM5 million.
The platform is an alternative fund-raising avenue designed to facilitate listed and unlisted small to mid-sized companies with fundraising needs of at least RM5.0 million and a minimum tenure of one year, to raise funds via the issuance of credit-rated investment notes.
This platform enables companies to access a new pool of capital beyond traditional wholesale markets, while also providing investors with the opportunity to diversify their portfolios.
Bursa Malaysia chief executive officer Datuk Muhamad Umar Swift said the launch of BR Capital marks another milestone in its efforts to provide a comprehensive and diverse range of products and services to meet the evolving needs of the market.
Umar said the BR Capital debt fundraising platform is very much in line with the exchange's overarching strategy to truly be a multi-asset exchange.
"Bursa Malaysia and RAM Holdings are excited to be collaborating to shape Malaysia's debt fundraising future. "The new platform is poised to redefine the fundraising landscape and is well-positioned for expansion, to include a diverse investor ecosystem. "This will enhance financial inclusivity among Malaysians and contribute to the growth of Malaysia's capital market and the overall economy," he said in a statement.
RAM group chief executive director Chris Lee said "We are excited about what BR Capital can bring to the growth of sustainable and responsible investments in the Malaysian alternative capital market. "RAM will contribute to this growth with our expertise in credit ratings, ESG ratings and fixed income pricing on investment notes issued through the new platform,".