IMDB likely to delay power IPO to next year


PETALING JAYA: 1Malaysia Development Bhd (1MDB) will likely defer listing its power assets to the first quarter of 2015, the Wall Street Journal (WSJ) reported.

According to the report, one of the reasons for the delay was that 1MDB was still negotiating the terms of a loan it is seeking from banks.

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Business , 1MDB , delay , IPO , listing , power assets

   

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