Universiti Kuala Lumpur (UniKL), Malaysia’s leading technical university, is targeted to be listed on Bursa Malaysia within the next three years.
Deputy Prime Minister and Minister of Rural and Regional Development, YAB Dato’ Seri Dr Ahmad Zahid Hamidi, said that alongside UniKL its sister institution, Universiti Poly-Tech Malaysia (UPTM), is also targeted for public listing, based on their current profit performance, with both institutions under Majlis Amanah Rakyat (MARA).
As reported by Bernama, YAB Dato’ Seri Dr Ahmad Zahid noted that profits must be further increased through several measures, including boosting student enrolment, particularly international students, to ensure the long-term financial sustainability of both institutions.
He added that this could be achieved by strengthening academic programmes aligned with emerging technologies such as artificial intelligence, the Internet of Things (IoT) and robotics.
The move, he said, is in line with the Bumiputera Economic Transformation Plan 2035 (PuTERA35), which marks a major shift in Bumiputera development.
Meanwhile, three healthcare entities, which are U.n.i Klinik, U.n.i Farmasi and U.n.i Klinik Pergigian will be consolidated into a single MARA professional entrepreneur entity, which is also targeted for listing on Bursa Malaysia within the same timeframe.
“We also aim for the group of MARA entrepreneurs who have received MARA financing to operate U.n.i Klinik, pharmacies and dental clinics to be listed as professional entrepreneur entities, guided and financed by MARA,” he was quoted as saying.
On a separate note, YAB Dato’ Seri Dr Ahmad Zahid said the Ministry of Rural and Regional Development (KKDW) and Agency-Owned Companies Retreat 2026, held over three days beginning last Sunday, outlined 28 ‘game changers’ or key initiatives to serve as guidelines for this year’s efforts in driving rural development and well-being.
Among the key initiatives is the development of selected rural areas into integrated investment hubs, supported by a comprehensive ecosystem to attract value-added investments and strengthen socio-economic outcomes.
In addition, he said KKDW plans to establish a dedicated rural commercial complex as a one-stop centre, bringing together products, services and local community economic activities, with an annual sales target exceeding RM14 million.
“We hope that this year will be the year of implementation for all the plans that have been drawn up for the first three years,” he said.
Note: This article was first published by Bernama on 10 February 2026.
