The Malaysian financial services sector has experienced significant growth in mergers and acquisition (M&A) activity across the Asia-Pacific region, according to KPMG Malaysia.

KPMG in Malaysia Head of Advisory, Chan Siew Mei, said within Malaysia, a total of 31 disclosed transactions in the financial services sector with a total value of US$1.63 billion (RM6.88 billion) was observed by the end of 2021.

“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”, she added.

Read the full article via The Malaysian Reserve online.