SINGAPORE, July 22 — Malaysian mobile data service company U Mobile is planning a domestic initial public offering (IPO) that is expected to raise more than US$500 million (RM2.3...
High Court denies Najib and Irwan Serigar’s bid for DNAA in RM6.6b case, judge orders IPIC trial to begin on November 14
The deal, if it proceeds, could be the largest IPO in Malaysia in nearly eight years, according to LSEG data. It added that it is preparing to respond and participate in the tender to build Malaysia’s second 5G network.If successful, U Mobile’s IPO would be Malaysia’s largest since South Korea’s Lotte Chemical Titan Holdings Bhd raised US$879 million in 2017.
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