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SINGAPORE: PACC Offshore Services Holdings (POSH)is looking to raise between US$304mil and US$334mil in a Singapore listing, according to a term sheet seen by Reuters.
SINGAPORE: PACC Offshore Services Holdings (POSH), part of the empire of Malaysia’s richest man Robert Kuok, has roped in Hwang Investment Management Bhd and Fortress Capital Asset Management as cornerstone investors for its Singapore listing.
MALAYSIAN Bulk Carriers Bhd’s (Maybulk) 21.23%-owned associate PACC Offshore Services Holdings (POSH) is planning an initial public offering of up to US$370mil (RM1.21bil) in Singapore, with a good number of the shares going to Malaysian funds, including Hwang Investment Management, sources say.
THE list of companies with approved permits (APs) is a closely guarded secret. It is not on the official websites of the International Trade and Industry Ministry (Miti), Health Ministry, Domestic Trade and Consumer Affairs Ministry and Agriculture and Agro-Based Industries Ministry, which are among the 10 ministries enforcing these export controls. (A search on the latter site drew this response: “You do not have the roles required to access this portlet.”)
SINGAPORE: Offshore marine services provider PACC Offshore Services Holdings (POSH), part of the business empire of Malaysia’s richest man Robert Kuok (pic), has begun tapping investors for a listing in Singapore that may raise up to US$400mil (RM1.3bil), two sources said yesterday.
KUALA LUMPUR: The combined wealth of Malaysia's 40 richest individuals surged to RM217.82bil as at Jan 18, 2014, rising 11.73% from RM194.86 billion a year ago, says Malaysian Business in its Feb 16 issue.