VentureTECH Joins Hands With Tokyo Stock ExchangeTo Drive Asian Companies IPO

By Bernama.com

KUALA LUMPUR, Sept 2 (Bernama) -- VentureTECH Sdn Bhd has joined handswith Tokyo Stock Exchange Inc (TSE) in efforts to support the listing of multinationalcompanies on the exchange.

Its chief executive officer Ahmad Redzuan Sidek said the partnership not only opens newhorizons for Malaysian companies but also reinforces its commitment to driving thegrowth of high-potential local businesses.

“By providing access to Japan’s dynamic capital markets, we are enabling our localcompanies to scale faster, attract strategic investment and elevate their market presenceon a global stage.

“Moreover, this collaboration is a testament to VentureTECH's vision of empoweringbumiputera entrepreneurs and high-growth industries in Malaysia, facilitating theirexpansion into international markets,” he said in a statement here.

Apart from that, the company said the strategic collaboration marked a significant steptowards strengthening cross-border financial ecosystems and enhancing Asianparticipation in Japan's capital markets.

It added that the collaboration aligned with the establishment of the TSE Asia StartupHub, an initiative by the Tokyo Stock Exchange to attract promising Asian companies forinitial public offerings (IPOs) in Japan.

“This hub provides extensive support in business development, fundraising and IPOpreparations, with the goal of increasing the number of cross-border listings on theTSE. Through this partnership, VentureTECH will actively provide support in response torequests from the TSE Asia Startup Hub,” it said.

The TSE Asia Startup Hub which was created to recruit and nurture high-potentialcompanies from across Asia, focusing on supporting their journey from growth stage toIPO, will begin recruiting eligible companies in the third quarter this year.

TSE also offer guidance to companies interested in expanding their business presence inJapan, provides tailored assistance such as business matching, visibilityenhancement and facilitating connections with Japanese venture capital and corporateinvestors.

-- BERNAMA