MMC Corp has hired CIMB, Credit Suisse, JP Morgan and Maybank as the joint global coordinators of a US$ 1 bn IPO of its 51% of power unit, Malakoff Corp, Reuters reports.
Meanwhile SGX’s FT ang moh CEO has failed to attract mega IPOs here. M’sian stock exchange, no FTs there, has had a string of mega IPOs: Felda, IHH (also listed here but no thanks to FT ang moh), Astro (coming) and now this. One of leading bourses for IPOs this yr.
M’sia Boleh! And no FTs to teach locals how to do things.