Titan revives listing plan

Malaysian petrochemicals company mandates IPO.

Titan Petrochemicals and Polymers, Malaysia's largest privately owned petrochemicals company has mandated Goldman Sachs for a listing on the Kuala Lumpur Stock Exchange. The US investment bank is said to have beaten off three other banks during bake-offs - HSBC, JPMorgan and Nomura.

The flotation is expected to top $200 million and is scheduled for completion next year. It represents the second time Titan has attempted to list in Malaysia. Having first won approval back in...

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