Malakoff prices IPO at top

IPP powers through with IPO thanks to strong support from domestic institutions.

Malakoff prices IPO at top

Malakoff Corporation Berhad, South East Asia's largest independent power producer IPP, has priced its initial public offering at the top of the range after receiving strong support from domestic institutional investors.

Including the greenshoe, Malakoff has raised M$3.15 billion $866.5 million from the deal, making it the second largest equity offering of the year from South East Asia after Thailand's Jasmine International's $1.1 billion IPO. 

However, while foreign institutional...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: malaysia | ipo | malakoff | cimb | jp morgan | credit suisse | utilities | maybank

Print Edition

FinanceAsia Print Edition

EVENTS