All eyes on DXN IPO

“One of the main reasons DXN is coming back to the market is because it will help its growth plans and give assurance to stakeholders”. - Teoh Hang Ching

FINALLY, DXN Holdings Bhd, the direct selling company that sells health products such as lingzhi-infused coffee to far-flung markets like Peru, is making its way to the local stock exchange.

After a delay from last year, the initial public offering (IPO) exercise is supposed to be the largest listing in recent times, with an estimated market value of close to RM3.8bil once the company hits public domain on May 19.