SINGAPORE: Malaysian mobile data service company U Mobile is planning a domestic initial public offering (IPO) that is expected to raise more than RM2.3bil as early as the first half of 2025, say sources.
The Kuala Lumpur-headquartered company will file an IPO application to the regulator later this month, or August, for a deal that would value the firm at more than RM9.4bil, the sources added.
