KPMG : Malaysia’s Financial Services Sector Growing Through M&A And Digital Adoption

PETALING JAYA, March 21 (Bernama) — Since the pandemic, Malaysia’s business landscape has undergone significant changes as businesses sought to re-examine and optimize their corporate portfolios in the pursuit of growth and recovery. One way has been via mergers & acquisitions (M&A), which experienced an upsurge in 2021, observed KPMG in Malaysia.
 
“While M&A activity experienced a minor ‘slump’ in 2020, we observed a steady rebound across all sectors in 2021 that can be attributed to delayed closings and stronger investor confidence. We anticipate this momentum to continue through 2022 even as Malaysia transitions towards the endemic phase beginning 1 April. Deal-making is a key component in driving business strategy, and more businesses today recognize that,” says Chan Siew Mei, Head of Advisory at KPMG in Malaysia.

http://mrem.bernama.com/viewsm.php?idm=42713

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