Maxis redialled: The celco pitches its appeal to the public – again

THE imminent “homecoming” of Maxis Bhd, ex-overseas operations, barely two years after the public line was cut, has once again turned the market all fizzy. Not shabby for a year about to be stamped as the most rotten period ever for initial public offerings.

Imagine this. Every single Maxis mobile service subscriber – there are 11 million of you – will soon get a form in their mailbox for a slice of what promises to be the largest and most awaited action in Malaysia’s deal-hungry corporate stage this year – the re-call of Maxis Bhd into the public domain. Now, think again – tough luck.