Cuckoo eyes RM750mil from IPO


KUALA LUMPUR: The Malaysian unit of South Korea’s Cuckoo Holdings Co may raise as much as RM750mil from a planned initial public offering (IPO) here next year, according to sources.

A Malaysia listing could value Cuckoo International (M) Sdn Bhd at as much as RM3bil, the sources said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
South Korea , Cuckoo , IPO , Bursa Malaysia

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read