KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd will postpone its initial public offering (IPO) from March to May at the earliest because the convenience store operator is updating its financial accounts, according to two people with knowledge of the matter.
The company, controlled by billionaire Tan Sri Vincent Tan, had planned to list in December but delayed until March after the regulator raised queries mainly about valuation.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!