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PETALING JAYA: IOI Properties Group Bhd, en route to demerge from parent company IOI Corp Bhd and relist on the Main Market of Bursa Malaysia, will distribute up to 2.162 billion shares on the basis of one IOI Properties share per three existing shares held in IOI Corp.
KUALA LUMPUR: The Securities Commission Malaysia (SC) today reminded unlisted public companies (UPCs) seeking to raise funds from members of the public to comply with the Capital Markets and Services Act 2007 (CMSA) and relevant guidelines, especially when the offer is made to retail investors.
CTOS’ listing is the next mega initial public offering (IPO) many investors are clamouring for. The business of credit reporting and the financial technology aspects of it is in vogue today as the financial industry goes through major changes.
PETALING JAYA: Credit reporting firm CTOS Digital Bhd, which seeks to be listed on the Main Market, plans to use proceeds from its public issue of shares to repay bank borrowings and to fund future acquisitions.
Australia's federal government said yesterday it would launch the prospectus for the sale of an A$8bil stake in Telstra Corp Ltd on Oct 9, with the offer due to open on Oct 23.
SAN FRANCISCO: Alibaba gave investors a closer look at the scale and growth of the Chinese e-commerce juggernaut in an initial public offering (IPO) prospectus filed, the first step in what could be the largest technology debut in history.
KUALA LUMPUR: Astro Malaysia Holdings Bhd aims to list on the Main Market of Bursa Malaysia and has unveiled its draft prospectus on the Securities' Commission website yesterday.