Two companies from Melaka preparing for Bursa Malaysia listing — Ab Rauf - The Edge Malaysia

KUALA LUMPUR, 8 AUGUST 2026 —

Two companies from the Malaysian state of Melaka are preparing to list on Bursa Malaysia, according to Melaka Chief Minister Datuk Seri Ab Rauf Yusoh. This development is part of the state government's efforts to facilitate local companies in connecting with strategic partners and accessing financing and investment opportunities for greater growth. The two companies, Melaka ICT Holdings Sdn Bhd and Syarikat Air Melaka Bhd, are state government-linked companies that are undergoing assessments and restructuring processes in preparation for their initial public offerings (IPOs).

The announcement was made by Datuk Seri Ab Rauf Yusoh at the "RHB-Bursa Malaysia Retail Corporation Day" opening ceremony, which was attended by over 350 participants, including investors, company representatives, market practitioners, and business leaders. The event provided a platform for the participants to obtain the latest information on financing opportunities and market potential to expand their businesses. The group managing director/group chief executive officer of RHB Banking Group, Datuk Mohd Rashid Mohamad, also attended the event, highlighting the importance of financing and investment opportunities for the growth of local companies.

The state government's efforts to support local companies are also reflected in its initiatives to attract major companies to Melaka. Every investment brought into the state generates broader economic benefits, creates opportunities for local vendors and companies, and provides more quality job opportunities for the people. According to Datuk Seri Ab Rauf Yusoh, the state government is constantly working to attract major companies to Melaka, and the presence of RHB and Bursa Malaysia is important in providing opportunities and access to financing, markets, networks, and guidance for local companies.

RHB Banking Group has already channelled RM485 million in financing to small and medium enterprises in Melaka to support their operations and business development. This financing has enabled these companies to grow and expand their businesses, creating jobs and stimulating economic growth in the state. The state government's initiatives to support local companies, combined with the financing and investment opportunities provided by RHB and Bursa Malaysia, are expected to have a positive impact on the economy of Melaka and the wider region.

The listing of Melaka ICT Holdings Sdn Bhd and Syarikat Air Melaka Bhd on Bursa Malaysia is expected to have a significant impact on the state's economy. The IPOs will provide these companies with access to a broader market and financing opportunities, enabling them to grow and expand their businesses. This, in turn, is expected to create jobs and stimulate economic growth in the state. The state government's initiatives to support local companies, combined with the financing and investment opportunities provided by RHB and Bursa Malaysia, are expected to have a positive impact on the economy of Melaka and the wider region.

Datuk Seri Ab Rauf Yusoh emphasized the importance of supporting local companies in scaling up and competing at the national level. "We want more companies to step onto the bigger stage, penetrate broader markets, and prove that companies from Melaka are capable of standing shoulder to shoulder with the best players at the national level," he said. The state government's initiatives to support local companies, combined with the financing and investment opportunities provided by RHB and Bursa Malaysia, are expected to enable companies from Melaka to compete effectively at the national level.

In conclusion, the listing of Melaka ICT Holdings Sdn Bhd and Syarikat Air Melaka Bhd on Bursa Malaysia is a significant development for the state of Melaka. The state government's initiatives to support local companies, combined with the financing and investment opportunities provided by RHB and Bursa Malaysia, are expected to have a positive impact on the economy of Melaka and the wider region. As the state government continues to work towards attracting major companies to Melaka and supporting local companies in scaling up and competing at the national level, the future looks promising for the economy of Melaka. With the right support and financing, companies from Melaka are expected to thrive and compete effectively at the national level, creating jobs and stimulating economic growth in the state.

Related: RHB · Bursa Malaysia