Malaysia's MMC Port lines up cornerstone investors aiming for October IPO, sources say


SINGAPORE: MMC Port Holdings aims to finalise its cornerstone investor lineup as early as August, ahead of a planned listing on Bursa Malaysia in October that could raise over $1.5 billion, two sources with knowledge of the matter told Reuters.

The IPO would be Malaysia's biggest since IHH Healthcare's $2.1 billion debut in 2012, and Southeast Asia's largest since Indonesian tech firm Bukalapak raised $1.5 billion in 2021, according to LSEG data.

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MMC Port , IPO , listing , Bursa Malaysia

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