GEORGE TOWN, Aug. 19 -- Malaysian companies planning initial public offerings (IPOs) will be able to pursue simultaneous listings in Malaysia and Hong Kong using a single set of submission documents starting next month.

Securities Commission Malaysia (SC) chairman Datuk Mohammad Faiz Azmi said the arrangement, which includes the mutual recognition of prospectuses, could provide companies with a more cost-efficient route to regional and global investors.

"If some of you are thinking about doing an IPO, you should be asking your advisers whether it's tactical to also have some of those shares listed in Hong Kong at the same time," Faiz said during his opening address at the "Powering SemiCons: Financing Your Next Breakthrough" event at G ...