Malaysia’s moment in the sun

The IPOs of Felda and IHH have put the spotlight on Malaysia, but the country still has a job to attract more foreign investors.

Malaysia’s moment in the sun

Malaysia will almost certainly miss its lofty goal of becoming a developed nation by 2020, as even senior politicians admit, but this has nevertheless been a banner year for the country.

Two of the world’s biggest equity capital markets deals this year came from Malaysia the initial public offerings of Felda and IHH, which raised more than $5 billion in total and have become a source of pride for local bankers and politicians.

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