Home Markets Capital Markets Malaysia helps Elevate mid-tier firms

Capital Markets Malaysia helps Elevate mid-tier firms

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PETALING JAYA: There are few policy measures and training programmes available to mid-tier companies (MTCs) in the country. Recognising this situation, Capital Markets Malaysia (CMM) has made available Elevate, a programme tailored to assist mid-tier companies and to ensure their long-term sustainability and business continuity.

CMM general manager Zalina Shamsudin (pix) said support for MTCs can be better targeted.

“The total number of registered companies with Companies Commission of Malaysia is 1.5 million. MTCs are between the 936 public listed companies and the 1.3 million small and medium enterprises (SMEs).

“These are the companies that are not accounted for and, by Malaysia External Trade Development Corp’s (Matrade) definition, they are categorised as MTCs. MTC founders worked very hard with their strategy or network to build their businesses, and now they have reached a point where they are clueless on how to scale up,” she told…

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