KUALA LUMPUR: IOI Properties Group kicked off an potential record year for Malaysia IPOs with a stellar debut, jumping by more than a fifth after raising some US$580mil in its initial public offering.
Malaysia's initial public offering market could more than double this year to US$7.1 bil, led by an up to US$2bil sale of state investor 1Malaysia Development Bhd's energy assets, according to information from bankers compiled by Reuters.
