KUALA LUMPUR: The 2017 Budget has sets a solid agenda that will help foster sustainable market growth, said Bursa Malaysia Bhd chief executive officer Datuk Seri Tajuddin Atan. “The small and mid-cap PLC research scheme and the GLiCs RM3 billion special fund should create a sustainable ecosystem to promote the visibility and vibrancy of these 300 companies. “Both these announcements are opportune as we have a ready pool of small and mid-cap companies that could benefit from these programmes. “This will unlock the value of small cap companies,” Mohd Najib said. He said the Small and Mid-Cap PLC Research Scheme is also positive for small and mid-cap stocks because many of these companies are under-researched.

Source: New Strait Times October 21, 2016 13:42 UTC