PETALING JAYA: Malakoff Corp Bhd’s initial public offering (IPO), very likely the largest in Malaysia this year, will hit the market in May, with an indicative price of RM1.80 per share, valuing itself at RM9bil.
This was revealed in a circular to shareholders by MMC Corp, the 51% parent of Malakoff, which will hold an EGM on March 30 to vote on the proposed listing.
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