MMC Port eyes cornerstone investors


SINGAPORE: MMC Port Holdings Bhd 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 US$1.5bil (RM6.4bil), two sources with knowledge of the matter told Reuters.

The initial public offering (IPO) would be Malaysia’s biggest since IHH Healthcare Bhd’s US$2.1bil debut in 2012, and South-East Asia’s largest since Indonesian tech firm Bukalapak raised US$1.5bil in 2021, according to LSEG data.

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MMC , port , listing , IPO

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