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U Mobile targets US$500mil from IPO

KUALA LUMPUR: U Mobile Sdn Bhd, a Malaysian mobile service provider, is planning to raise about US$500mil in an initial public offering in Kuala Lumpur, according to people familiar with the matter.KUALA LUMPUR: U Mobile Sdn Bhd, a Malaysian mobile service provider, is planning to raise about US$500mil in an initial public offering in Kuala Lumpur, according to people familiar with the matter.