KUALA LUMPUR: Eco-Shop Marketing Sdn Bhd, a budget retail chain in Malaysia, is weighing an initial public offering (IPO) in Kuala Lumpur that could raise as much as US$179mil (RM800mil), according to people with knowledge of the matter.
The company, which is backed by private equity firm Creador Capital Group, is working with financial advisers on the planned first-time share sale, said the people, asking not to be identified as the process is private.
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