Johor Plantations seeks July 9 Main Market listing, largest IPO year-to-date

KUALA LUMPUR: Johor state-owned Johor Plantations Group Bhd looks to debut on the Main Market on July 9 as the largest initial public offering (IPO) year-to-date.

With an issue price of 84 sen per share, the upstream oil palm player expects to raise RM735mil in total proceeds.