Westports set to launch largest Malaysian IPO this year

The ports operator is aiming to raise up to $626 million, with more than 80% of the deal already taken up by domestic institutions and cornerstones.

Westports handles container shipments as well as conventional cargo out of Port Klang, a deep natural harbour that is the closest port to Kuala Lumpur.

Anette Jönsson

September 17, 2013

Halfway into September and with economic data showing stronger-than-expected growth in China as well as in Europe and the US, the number of initial public offerings hitting the market is starting to pick up.

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