MMC Ports said its initial public offering will comprise an offer for sale of up to 4.3 billion shares.
PETALING JAYA: MMC Port Holdings Bhd (MMC Ports), Malaysia’s largest container port operator, has secured approval from the Securities Commission for its upcoming listing on the Main Market of Bursa Malaysia.
MMC Ports said in a statement that its initial public offering (IPO) will comprise an offer for sale of up to 4.3 billion shares, representing up to 30% of its issued share capital of approximately 14.2 billion.
