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THE Securities Commission Malaysia (SC) and TERAJU Bumiputera Corporation have formalised a strategic collaboration aimed at enhancing capital market access for Bumiputera micro, small and medium enterprises (MSMEs) and mid-tier companies (MTCs), in a move to support their growth and competitiveness.
The two-year Memorandum of Understanding (MoU), signed today by SC Chairman Datuk Mohammad Faiz Azmi and TERAJU Chief Executive Officer Junady Nawawi, aligns with the SC’s five-year roadmap to increase capital market fundraising among MSMEs and MTCs to RM40 billion by 2028.
Faiz said the collaboration is part of ongoing efforts to build a stronger pipeline of Bumiputera businesses ready for investment.
“Through this collaboration with TERAJU, we aim to build a stronger pipeline of investment-ready companies that can raise funds, expand their businesses and compete regionally,” he said.
Junady Nawawi noted that the initiative offers alternative avenues beyond traditional financing for Bumiputera entrepreneurs.
“This collaboration opens up new pathways for Bumiputera companies to expand beyond traditional financing. By working together with the SC, we are preparing more Bumiputera enterprises to access capital market opportunities with stronger governance, sharper financial discipline, and the confidence to compete regionally and globally,” he said.
A key component of the partnership includes capacity-building initiatives, particularly the introduction of the Elevate–TERAJU cohort under the SC’s Elevate programme, led by Capital Markets Malaysia (CMM), an SC affiliate.
The Elevate programme is designed to improve leadership, governance and fundraising readiness among MTCs and SMEs. Since its inception, five cohorts involving 78 companies have completed the programme.
Under the new initiative, 20 Bumiputera companies from sectors such as manufacturing, healthcare, engineering and technology have been selected for the inaugural Elevate–TERAJU cohort, marking a significant step toward increasing Bumiputera participation in the capital market.
The MoU also outlines efforts to build a robust pipeline of Bumiputera firms with capital market potential, explore co-investment opportunities with private investors to support business expansion, and promote sustainability reporting through the SC’s Simplified ESG Disclosure Guide and targeted training programmes.
The collaboration supports national goals under the 13th Malaysia Plan to scale up SMEs and position Bumiputera enterprises for regional and global competitiveness. - October 15, 2025