Bursa Malaysia has signed a memorandum of agreement with Fullgoal Asset Management ( HK ) Limited ( Fullgoal HK ) and CGS International Securities Malaysia Sdn Bhd ( CGS MY ) to facilitate the listing of foreign-underlying exchange-traded funds ( ETFs ) on the country’s stock exchange, providing domestic investors access to a wider range of investment options while offering exposure to global markets.
In particular, the collaboration seeks to promote capital market connectivity between China and Malaysia, enrich cross-border product offerings, and enhance the cross-border development capabilities of the asset management industry.
The MOU was signed at the Asean Business Forum 2025, which was organized on the sidelines of the 46th Asean Summit.
It is part of Bursa Malaysia’s efforts to strengthen the local ETF ecosystem through a series of structured and strategic initiatives. These include initiatives that focus on ecosystem development and stakeholder engagement, and the ETF Challenge, designed to raise awareness and educate retail investors.
Currently, the stock exchange offers investment opportunities via 17 ETFs managed by six issuers, with total assets under management ( AUM ) of 2.4 billion ringgit ( US$566.71 million ). The issuers are Kenanga Investors Berhad, EQ8 Capital Sdn Bhd, AmFunds Management Berhad, AHAM Asset Management Berhad, Principal Asset Management Berhad, and M&A Value Partners Malaysia Asset Management Sdn Bhd.
Bursa Malaysia chief executive officer Fad’l Mohamed comments: “This collaboration marks a pivotal step in expanding Malaysia’s ETF landscape, offering our investors greater diversity and access to global opportunities. Together with Fullgoal HK and CGS International, we are committed to deepening market sophistication and driving sustainable growth in our capital markets. This initiative reinforces Bursa Malaysia’s position as an investment gateway, bridging Malaysia with global financial markets.”