Matrix Capacity plan Msia's biggest shell company listing in H2


KUALA LUMPUR: Malaysia's Matrix Capacity Petroleum Bhd, a shell company set up to buy energy assets, plans to list shares on the Kuala Lumpur stock exchange in a deal that two financial sources said could raise up to RM1bil (US$303 million) in the second half of 2014.

The share sale could mark the country's biggest-ever listing by a vehicle with no assets, set up to buy corporations that will be later folded into the business.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit to trade in narrow range against US dollar in holiday-shortened week ahead
Navigating Sarawak’s condominium market
Policies head in right direction
China underground: Affordable and sustainable homes
Trump travel ban adds to Caribbean woes
Asia rides the dollar dip
Bull charges cautiously
Beauty lovers turn to TikTok and Amazon
EM optimism after stellar year
Philippine stocks set for recovery

Others Also Read