Bursa Malaysia collaborates with UK Mobilist to enable greater investment in energy transition

KUALA LUMPUR, April 16 (Bernama) — Bursa Malaysia Bhd has announced the launch of a United Kingdom (UK) listed product structure to enable greater investment in the energy transition and advance the United Nations Sustainable Development Goals. Signed a partnership with the Mobilization of Institutional Capital (MOBILIST) program. Malaysia’s Development Goals (SDGs).

Bursa Malaysia Chairman Tan Sri Abdul Wahid Omar said the partnership supports the exchange’s pursuit of promoting innovation, ESG priorities and sustainable finance to improve Malaysia’s capital markets and economy. will be further strengthened, he said.

“The MOBILIST program aims to drive investment across global sustainable infrastructure, climate finance and inclusive finance with a commitment of £156 million, equivalent to approximately RM1 billion.

“Through scalable and repeatable financial products, this program will mobilize significant institutional capital inflows into emerging and frontier markets,” he said in his opening remarks at the memorandum signing ceremony here today. It will happen,” he said.

The ceremony was officiated by Tengku Mahkota of Pahang Tengku Hassanal Ibrahim Alam Shah Al-Sultan Abdullah Riayatuddin Al-Mustafa Billah Shah.

Also in attendance were Nik Nazmi Nik Ahmad, Minister of Natural Resources and Environment and Sustainability, and Ailsa Terry, British High Commissioner to Malaysia.

Abdul Wahid said the UK Government’s flagship initiative, the MOBILIST programme, is designed to be an innovative platform that enables local businesses to access pioneering investment solutions by advancing the SDGs. Stated.

“By facilitating access to needed capital through this program, we are preparing these companies to expand their operations and increase their contribution to sustainable economic development,” he said. added.

Abdul Wahid said that apart from access to institutional capital, the partnership also presents a clear path for Malaysian companies under the MOBILIST program to eventually be listed on Bursa Malaysia.

“Through this partnership, selected Malaysian companies will be provided with the necessary technical support in the process of listing.

Abdul Wahid said: “Solid issuers that raise funds under the umbrella of the MOBILIST program will naturally gain visibility and attract the attention of investors and stakeholders focused on sustainable and inclusive growth. I believe that,” he said.

— Bernama

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