KUALA LUMPUR: MMC Corp Bhd’s subsidiary Malakoff Corp Bhd has obtained Bursa Securities’ approval for the listing and quotation of its entire issued and paid-up share capital of RM500mil comprising 2.5 billion ordinary shares of 20 sen on the Main Market of Bursa Malaysia.
The initial public offering of up to 760.87 million Malakoff shares comprises an offer for sale of up to 260.87 million Malakoff shares (10.4%) and a public issue of 500 million new Malakoff shares (20%).
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