The Securities Commission Malaysia (SC) and TERAJU Bumiputera Corporation (TERAJU) have signed a MoU to expand capital market access for Bumiputera micro, small and medium enterprises (MSMEs) and mid-tier companies (MTCs).

The two-year MoU supports the SC’s Catalysing MSME and MTC Access to the Capital Market: 5-Year Roadmap (2024–2028), which targets RM40 billion in market-based fundraising by 2028.

It also aligns with the 13th Malaysia Plan’s goal of helping Bumiputera businesses scale regionally and globally.

The partnership will strengthen fundraising readiness through the SC’s Elevate programme, led by Capital Markets Malaysia (CMM), an SC affiliate.

The initiative helps companies enhance strategy, governance and financial management to meet investor standards.

The inaugural Elevate–TERAJU cohort, comprising 20 Bumiputera firms from the manufacturing, healthcare, engineering and technology sectors, marks the first step in this effort.

Since its launch, five Elevate cohorts involving 78 companies have completed the programme.

The MoU also seeks to build a pipeline of Bumiputera companies ready for capital market financing, explore co-investment opportunities with private investors, and promote sustainability reporting through the SC’s Simplified ESG Disclosure Guide.

SC by Chairman Dato’ Mohammad Faiz Azmi said,

“Through this collaboration with TERAJU, we aim to build a stronger pipeline of investment-ready companies that can raise funds, expand their businesses and compete regionally.”

TERAJU’s CEO Encik Junady Nawawi said,

“This collaboration opens up new pathways for Bumiputera companies to expand beyond traditional financing.

By working together with the SC, we are preparing more Bumiputera enterprises to access capital market opportunities with stronger governance, sharper financial discipline, and the confidence to compete regionally and globally.”

Featured image: Edited by Fintech News Malaysia, based on image by digitizesc via Freepik