KUALA LUMPUR: The government will introduce small and mid-cap Public Listed Company Research Scheme to conduct research on 300 companies in order to invigorate domestic capital market.
Prime Minister Datuk Seri Najib Razak, in his 2017 Budget speech, government-linked investment companies will allocate a special fund up to RM3 billion to fund managers licensed under the Securities Commission to invest in potential small and midcap companies.
In addition, he said Capital Market Research Institute will be established with initial funding of RM75 million, provided through Capital Market Development Fund.