Container-vessel company MTT Shipping Sdn. has revived plans for an initial public offering in Malaysia that could raise as much as US$200mil, according to people familiar with the matter.
The company, which began operating in 2010, is working with advisers to list its shares in Kuala Lumpur late this year or in 2026 at a targeted valuation of RM4bil, the people said, asking not to be identified because they weren’t authorized to speak publicly.
