Malaysia’s UMW Oil & Gas sets tight IPO bookbuilding range


Yes, historical info, thank you for informing me.

Dateline 2013-10-02, Reuters:

UMW Oil & Gas Corp Bhd , a Malaysian offshore and drilling services firm, set a tight IPO bookbuilding range of thanks to strong demand from cornerstone investors, a source with direct knowledge of the process told Reuters on Wednesday.

This values the IPO at up to 2.36 billion ringgit ($729.63 million), the largest in Malaysia so far this year. This IPO comes on top of the $680 million flotation by Westports Holdings Bhd, operator of the country’s busiest port.

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This entry was posted on Friday, November 22nd, 2013 at 6:00 am and is filed under Malaysia, oil and gas. 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.

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