Sim Leisure files preliminary IPO document with SGX


Fun in the forest: A tourist enjoying herself at the Escape Adventureplay in Teluk Bahang. Sim Leisure is renowned for its distinctive retro-eco features and attractions reminiscent of traditional play of the old days, a stark contrast to the Western world’s theme park model in which a roller coaster is usually a salient feature.

KUALA LUMPUR: Theme park operator Sim Leisure Group Ltd and its subsidiaries, which develop and operate theme parks in Penang, have lodged their preliminary offer document for its proposed listing in Singapore.

The amount the firm expects to raise was undisclosed. But according to Bloomberg, founder and chief executive officer Sim Choo Kheng plans to raise around S$10mil to S$12mil through the sale of new and existing shares in the listing, online trading provider IG.com said.

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