Eight cornerstone investors snap up Swift’s IPO


Logistics player Swift Haulage is backed by the Retirement Fund Inc (KWAP). It has a 13.61% stake in the group.

PETALING JAYA: AIA Bhd, HSBC Global Asset Management and Zurich Life Insurance Malaysia are among the eight cornerstone investors for Swift Haulage Bhd’s upcoming initial public offering (IPO) on the Main Market of Bursa Malaysia.

The other cornerstone investors are AmFunds Management Bhd, Nikko Asset Management Asia Ltd, Areca Capital Sdn Bhd, Kenanga Investors Bhd and UOB Asset Management.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Swift Haulage , IPO , Bursa Malaysia , AIA , HSBC ,

Next In Business News

Hextar moves into fertiliser sector
NFL Chiefs to move to Kansas with public funding package
CBH Engineering wins RM130mil data centre job
Import-heavy sectors to gain from stronger ringgit
Colform awards four contracts worth RM1.3mil
PetGas to pre-pay RM706mil in jetty usage charges
Solarvest acquires 22% stake in SDCG
Jasa Kita plans to acquire 55% stake in SPPH
Jasa Kita acquires 55% stake in SPPH�
PetGas to pre-pay up to RM706mil in jetty usage charges at Pengerang LNG terminal

Others Also Read