POSH begins pre-marketing for US$400mil IPO in S'pore


SINGAPORE: Offshore marine services provider PACC Offshore Services Holdings (POSH), part of the business empire of Malaysia’s richest man Robert Kuok (pic), has begun tapping investors for a listing in Singapore that may raise up to US$400mil (RM1.3bil), two sources said yesterday.

“The investor education for PACC Offshore Services has started,” said one of the sources familiar with the deal.

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