One of 2002's most exciting IPOs will, it seems, come from Malaysia Not only that, but it will come from a sector that was an international punchbag until recently - namely mobile telephony
The company in question is Maxis, which has mandated ABN AMRO to take it public It is reckoned that a deal will be launched by the Summer
Maxis is the market leader in the Malaysian mobile scene with around 2 3 million subscribers and a roughly 30% market share It is owned by Ananda Krishnan, and is viewed by analysts as a proxy for a recovering Malaysia, run along internationally acceptable corporate governance lines
The deal will probably have a dual listing...
