Malaysia’s Ranhill Energy and Resources raises $236 million from IPO

The engineering and utility company sets the price at the top of the range and allocates the majority of the institutional tranche to domestic investors.
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Ranhill provides engineering services to the oil and gas, refinery and petrochemical industries
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<div style="text-align: left;"> Ranhill provides engineering services to the oil and gas, refinery and petrochemical industries </div>

Malaysia’s Ranhill Energy and Resources has raised M$753 million ($236 million) from its initial public offering after fixing the price at the top of the indicated range.

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