Body Shop plans RM200mil IPO next year

Body Shop is targeting to list on Bursa Malaysia as early as the second quarter of next year, the source said.

KUALA LUMPUR: Rampai-Niaga Sdn Bhd, which runs The Body Shop stores in Malaysia, is considering an initial public offer that could raise RM200mil, according to a source.

The company is working with an adviser and may submit a listing application to the Malaysian securities regulator as soon as this month, the source said.