From The Star – Big debut for Gas M’sia


I thought Gas Malaysia was already public listed?

Dateline 2011-08-18:

MMC Corp Bhd‘s subsidiary Gas Malaysia Sdn Bhdcould debut on Bursa Malaysia in a very substantial initial public offering (IPO) this year.

Analysts said Gas Malaysia’s IPO could raise anywhere from RM650mil to RM750mil, making it one of the largest IPOs of the year.

Reuters quoted sources with direct knowledge of the IPO as saying MMC was looking to raise up to RM750mil from the listing of Gas Malaysia. The newswire said MMC was looking to float about 333.8 million shares, which priced the IPO shares indicatively at about RM2.50 per share.

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This entry was posted on Sunday, August 28th, 2011 at 6:00 am and is filed under engineering. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to From The Star – Big debut for Gas M’sia

  1. JabbatheHutt says:
    September 19, 2011 at 1:20 am

    i’d keep my money under the bed.

    Reply
  2. JabbatheHutt says:
    September 19, 2011 at 1:21 am

    PS, for someone that pays an invoice 6 months late, well done MMC

    Reply

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