Malaysia, Hong Kong securities regulators agree to ease dual IPO listings, strengthen collaboration

KUALA LUMPUR, July 23 : Malaysian and Hong Kong securities regulators signed a memorandum of understanding on Thursday aimed at facilitating dual initial public offering (IPO) listings in both countries, as well as collaborating on the mutual recognition and cross listing of covered funds. The deal, which would cover products such as exchange-traded funds (ETFs) and real estate investment trusts (REITs), establishes a practical framework to encourage greater cross-border investment, broaden access to both countries' capital markets and enhance investment opportunities, the Malaysian Securities Commission (SC) said in a statement. • The simplified dual IPO listing framework will allow issuers seeking simultaneous primary and secondary listings to use a single set of submission documents, in