27th January 2025 - 3 min read
Bursa Malaysia Berhad reported a Profit After Tax, Zakat, and Minority Interest (PATAMI) of RM310.1 million for the financial year ended 31 December 2024 (FY2024), a 22.9% increase from RM252.4 million in FY2023.
The growth was underpinned by robust performances in the Securities and Derivatives Markets, alongside a strong showing from the Data Business, which collectively drove a 27.8% rise in operating revenue to RM757.7 million from RM592.8 million in FY2023. Operating expenses rose by 26.8% to RM373.4 million, attributed to higher staff costs, IT maintenance, service fees, and the reversal of prior-year provisions.
The Board of Directors approved a final dividend of 18.0 sen per share for FY2024, along with a special dividend of 8.0 sen per share, disbursing approximately RM210.4 million. Combined with the interim dividend, the total payout for FY2024 amounts to 36.0 sen per share, reflecting a payout ratio of 93.9%.
Reflecting on the year’s accomplishments, Tan Sri Abdul Wahid Omar, Chairman of Bursa Malaysia, praised the Exchange’s performance and its contribution to Malaysia’s capital market. “Bursa Malaysia also emerged as the leading stock exchange for IPOs in ASEAN, with 55 new listings that collectively raised RM7.4 billion, contributing to a total IPO market capitalisation of RM31.4 billion. These figures are testaments to the confidence that both companies and investors have in the Exchange as a trusted platform for fundraising and investment.”
He further acknowledged the resilience of Malaysia’s economy, which, supported by the MADANI Economy framework, is projected to grow between 4.5% and 5.5% in 2025.
Meanwhile, the FBMKLCI also recorded a 12.9% increase, establishing Bursa Malaysia as one of the best-performing markets in ASEAN. This milestone also propelled the total market capitalisation to exceed RM2.0 trillion in May 2024 for the first time in history.
Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia, underscored the exchange’s focus on innovation and its contributions to a resilient financial ecosystem. “The ongoing global and local developments continue to drive investment flows, resulting in higher market activity in the Securities and Derivatives Markets, as well as increased demand for our services. In FY2024, we laid the foundation for long-term growth including the successful launch of the world’s first waqf-featured exchange-traded fund, reflecting our commitment to offering innovative investment options that also benefit society.”
Looking to the future, Datuk Umar outlined Bursa Malaysia’s vision to expand its Islamic Market offerings and support sustainable investment. “Building on this progress, we aim to further develop our Islamic Market with new Shariah-compliant products and services, while expanding the investor base for platforms such as the Bursa Gold Dinar. These efforts will create greater alignment between Shariah investing and Sustainable and Responsible Investment.”
Samuel writes about personal finance and financial news, focusing on how banking updates, policies, and promotions affect everyday money decisions. He enjoys making complicated financial topics easier to follow. Outside of writing, he spends his time watching TV shows and occasionally convincing himself he will only watch one episode.
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