MMC Port delays IPO to include full-year results


A revised timeline is expected to be communicated in due course.

SINGAPORE: MMC Port Holdings Bhd has decided to postpone its planned initial public offering (IPO) to next year so that it can include its full-year 2025 financial results, two sources with knowledge of the matter have told Reuters.

The listing, initially targeted for the fourth quarter of 2025, could raise more than US$1.5bil (RM6.3bil), making it the biggest IPO since IHH Healthcare’s US$2.1bil debut in 2012 and providing a potential boost for the domestic capital market.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MMCPort , IPOListing , PortOperator , MarketDebut

Next In Business News

BHIC eyes strategic ties with French firm
Late buying lifts Bursa Malaysia key index higher
Chereh Dam solar project to help raise Malaysia’s RE expertise�
Improving cash-flow dynamics likely for telcos
Sunview Group in RM19mil fundraise
Guardedly optimistic year
OGX signs underwriting agreement
Czech ammunition-maker CSG plans Amsterdam IPO
WTK seeks nod for RM555mil plantation acquisitions
Ta Shun Dher is Globetronics chairman

Others Also Read