PLUS drives through the finish line

Pricing is completed only hours before world equity markets tumble.

Lead managers JPMorgan and RHB Sakura cleared a $603.95 million IPO for PLUS Expressways yesterday Wednesday bringing to $1.4 billion the amount of equity raised from the Malaysian market over the last month.

This represents no mean achievement given that PLUS and Maxis before it have raised in one month almost double the entire amount of equity issuance from Malaysia in nearly three years. In a regional context, the two IPOs also rank as the second and fourth...

To continue reading, please login or register for free

Click for more on: plus | drives | finish | line

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...