Malakoff IPO ignites domestic investors

South East Asia's largest independent power producer set to price at top of range after institutional investors show no price sensitivity.

Formal roadshows for the M$3.06 billion ($841.7 million) to M$3.15 billion initial public offering by Malakoff Corporation Berhad were launched on Friday, with the institutional order book already four times covered by the end of the first day. 

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