Weststar valued at up to RM4.8bil


Part of the Weststar fleet

PETALING JAYA: The long-awaited listing of Weststar Aviation Services is set to proceed with Tan Sri Syed Azman Syed Ibrahim aiming to raise about RM1.4bil from the exercise.

Sources indicated that the company was valued by investment bankers at between RM4.2bil and RM4.8bil.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Business , weststar

   

Next In Business News

Trading ideas: Duopharma, Bursa Malaysia, SEGi, Capital A, Rimbunan Sawit, Tasco, Atrium REIT, KSL, GUH, Mentiga and F&N
Domestic demand to galvanise GDP in 2Q
Recto pegs 1Q GDP growth at below 6%
S’pore manufacturing, services firms upbeat about next two quarters
China makes solar affordable worldwide
China eyes closer economic links with Gulf countries
China Ouhua uncertain on land transfer completion
Progress in solar power export plan
Japan’s factory activity shrinks at a slower pace
Microsoft plans to invest US$1.7bil in Indonesia

Others Also Read