maxis-raises-33-billion-from-record-malaysian-ipo

Maxis raises $3.3 billion from record Malaysian IPO

The country's largest mobile operator returns to the stockmarket without its overseas operations, attracting investors mainly as a yield play.

Maxis Berhad, Malaysia's leading provider of mobile communication services, has raised M$11.12 billion ($3.3 billion) from the country's largest ever initial public offering after pricing the deal in the lower half of the indicated range.

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