Malakoff powers on IPO pre-marketing

Domestic players underpin power producer's flotation by agreeing to take up nearly 60% of the institutional tranche.

Pre-marketing for Malaysia's largest initial public offering (IPO) in three years was launched on Monday, with Malakoff Corporation Berhad hoping to raise up to M$3.17 billion ($873.5 million) including its greenshoe.

¬ Haymarket Media Limited. All rights reserved.

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