Home › Business › Business News
Monday, 1 July 2013
KUALA LUMPUR: Westports Malaysia Sdn Bhd, the operator of the country's busiest port, remains intact for a public listing by the end of this year, with the company currently in the application process.
Executive Chairman Tan Sri G. Gnanalingam said Westports has appointed several bankers for its proposed initial public offering (IPO).
Gnanalingam however declined to divulge further details of the proposed listing, citing on-going discussions.
It was previously reported that Westports might opt to list on Bursa Malaysia in October this year, in a deal that may raise up to RM1.54bil.
Westports manages Malaysia's main export gateway of Port Klang, which is the world's 12th busiest port.
SunCon sees robust growth prospect in the construction sector
AirAsia hires Credit Suisse, CIMB for bond issue at associates - sources
Only World Group expands into adventure games
Google, Apple joining US private sector push on climate finance
MAHB says only 2.3% of klia2 airport area affected by settlement
Taxi laws need post-Uber rethink: French minister
Nintendo celebrates the 30th anniversary of Super Mario Bros. with a new game
Beauties spend time with handicapped children
Bon Odori festival thrills crowd with folk dances and fireworks
Copyright © 1995-2015 Star Media Group Berhad (ROC 10894D)(Formerly known as Star Publications (Malaysia) Berhad)