This conference aims to prepare market intermediaries and participants on the start-up of the OTC market, which will help to facilitate capital raising for technology based companies as well as potential small and medium enterprises. The introduction of the OTC market is in line with the national policy to develop sectors whose activities will contribute to the national economic growth. This was stated by the Deputy Prime Minister in the 1997 budget speech on 25 October 1996.
In conjunction with the event, the framework for the Malaysian OTC model will be officially announced. The key features of the framework are as follows:
- appropriate structure for the operating exchange
- primary market, listing and disclosure requirements
- secondary market, market making and liquidity
- clearance and settlement
- technology and architecture
- legal and regulatory framework.
Different aspects of these elements are incorporated into topics addressed by exchanges, issuers, promoters and sponsors, market makers and regulators.
Speakers of the conference will comprise distinguished figures from diversified organisations such as The National Association of Securities Dealers Automated Quotation (NASDAQ), The European Association of Securities Dealers Automated Quotation (EASDAQ), The Alternative Investment Market (AIM), London, Hambrecht & Quist Asia Pacific and ABRAR Group International Malaysia.
This conference will be opened to brokers, merchant bankers, fund managers, representatives from venture capital companies, small and medium enterprises, as well as the public at large.
