Published on 09 Dec 2024.
Kuala Lumpur, 9 December 2024 – Bursa Malaysia RAM Capital Sdn Bhd (“BR Capital”), a joint venture entity between Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) and RAM Holdings Berhad (“RAM”), is pleased to announce the launch of a secondary market for its debt fundraising and investment platform (“Platform”).
The secondary market, which goes live today, enables investors to buy or sell investment notes that were issued on BR Capital’s Platform. This effectively provides flexibility and liquidity to investors after the initial issuance or subscription of the investment notes, as well as contributes to refined price discovery and optimisation of investment strategies.
This initiative empowers investors with greater choice in managing their investments, as part of BR Capital's commitment to creating a comprehensive debt fundraising and investment platform and promoting a vibrant investment environment.
“We are committed to providing a robust investment experience through BR Capital. By offering a secondary market, we are enhancing the liquidity and flexibility of our investment notes,” said Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia, and Chairman of BR Capital. “This represents a significant step forward in our goal to continuously empower investors with more product choices that meet their needs, for active and effective investment portfolio management.”
Chris Lee, Group CEO and Executive Director of RAM, and a Director of BR Capital, added, “The rollout of a secondary market on BR Capital’s Platform is a testament to our dedication to innovation and investor-centric solutions. We believe this will greatly benefit our investors by providing them with more options to manage their portfolios, in line with their credit risk appetite and ESG preferences.”
BR Capital was launched in December 2023 to enable both listed and unlisted companies to tap into a fresh pool of capital outside of traditional wholesale markets. It offers a new avenue of fundraising for issuers, while simultaneously providing fixed income investment opportunities to individual and institutional investors.
The minimum investment for each investment notes campaign is one lot, which is equivalent to only RM100. For further information, visit https://brc.bursamalaysia.com/.
About BR Capital
Bursa Malaysia RAM Capital Sdn Bhd (“BR Capital”) was incorporated on 27 December 2022. It is a joint venture between Bursa Malaysia Berhad (holding 51% equity interest) and RAM Holdings Berhad (holding the remaining 49% equity interest). BR Capital, a registered, recognised market operator with Securities Commission Malaysia, aims to bridge the fundraising gap through its debt platform for eligible issuers from both listed and unlisted companies. The platform also offers untapped fixed income investment opportunities for retail and institutional investors.
About Bursa Malaysia
Bursa Malaysia is an Exchange holding company incorporated in 1976 and listed in 2005. It has grown to be one of the largest bourses in ASEAN. Today, Bursa Malaysia operates and regulates a multi-asset exchange, offering a comprehensive range of investment, capital raising, and exchange-related facilities. Bursa Malaysia is committed to its mission of Creating Opportunities, Growing Value for the Malaysian capital market, economy, and society. Learn more at BursaMalaysia.com.
About RAM Holdings Berhad
RAM Holdings Berhad (RAM Group) is a leading provider of independent credit ratings, research, training, risk analysis, ESG analytics and bond pricing. Formerly known as Rating Agency Malaysia Berhad, RAM Holdings was established in November 1990 as a catalyst for the domestic debt capital market and as the nation’s first credit rating agency. In 2007, our rating operations were novated to a newly formed subsidiary, RAM Rating Services Berhad. Apart from credit ratings, the RAM Group also offers a myriad of solutions ranging from economic and debt market research, data & analytics and sustainability services. In 2016, RAM Sustainability commenced offering Sustainability Ratings, a tool and framework that measure companies’ environmental, social and governance (ESG) performance. Bond Pricing Agency Malaysia Sdn Bhd (BPAM) became a wholly owned subsidiary of RAM Holdings Berhad on 30 June 2021. The company is the sole provider of bond pricing and valuation data on the Malaysian bond market and is regulated by the Securities Commission Malaysia.
For media enquiries, please contact:
Sakinah Arifin RAM Holdings Berhad +603-3385 2500 sakinah@ram.com.my |
Dominica Chin Bursa Malaysia Berhad +603 2034 7626 | +6012 217 0245 dominica@bursamalaysia.com |