What if more listed companies decide to opt for foreign listing?

The following article was posted on Business Times, Malaysian-listed firms going private to grow faster

• "The rules and regulations could prevent a company from making any major decisions such as expanding overseas, acquiring new businesses or getting new shareholders.
  
  "Because of that, they tend to take the company private, enhance its position and value, and then list the firm overseas," he said.
  
  Syed Moheeb added that when a company is taken private, it could also mean that something bigger will happen next.
  
  "Taking a company private has all got to do with creating a different perspective value, that is by introducing new shareholders, venturing overseas, planning major expansions and acquisitions, joint ventures, and diversifying," he said.

Question for Mr. Syed Moheeb. "What if more listed companies decide to opt for foreign listing? What would happen to our Bursa Malaysia, stock market?"