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PR Newswire
29-07-2013, 08:30 PM
SGX is more attractive compare with Bursa? It seems more and more M'sia companies are seeking listing in SGX...
POSH Semco said to seek IPO in Singapore
SINGAPORE – Offshore marine services provider POSH Semco, controlled by Malaysia’s richest man Robert Kuok, is seeking to list shares in Singapore in a deal worth S$300 million to S$500 million, sources said on Monday.
The deal is expected to be launched in September or October, two people with direct knowledge of the deal told Reuters. POSH Semco’s market capitalisation is expected to reach nearly US$1 billion (S$1.26 billion) after its shares are listed, one of the sources said.
http://www.todayonline.com/business/posh...-singapore
Malaysia’s Medini Iskandar said to plan S$1 bln IPO in 2014
KUALA LUMPUR – Medini Iskandar Malaysia, an urban township property developer, plans to list on the local stock exchange in the first half of 2014 in a deal that could raise up to US$800 million (S$1 billion), two sources familiar with the matter told Reuters.
The initial public offering would see the company joining a handful of listed “master developers” in Asia, such as the Philippines’ Ayala Corp and Japan’s Mitsubishi Estate. Those companies typically develop a region and have a number of property companies in their stable.
http://www.todayonline.com/business/mala...n-ipo-2014
POSH Semco said to seek IPO in Singapore
SINGAPORE – Offshore marine services provider POSH Semco, controlled by Malaysia’s richest man Robert Kuok, is seeking to list shares in Singapore in a deal worth S$300 million to S$500 million, sources said on Monday.
The deal is expected to be launched in September or October, two people with direct knowledge of the deal told Reuters. POSH Semco’s market capitalisation is expected to reach nearly US$1 billion (S$1.26 billion) after its shares are listed, one of the sources said.
http://www.todayonline.com/business/posh...-singapore
Malaysia’s Medini Iskandar said to plan S$1 bln IPO in 2014
KUALA LUMPUR – Medini Iskandar Malaysia, an urban township property developer, plans to list on the local stock exchange in the first half of 2014 in a deal that could raise up to US$800 million (S$1 billion), two sources familiar with the matter told Reuters.
The initial public offering would see the company joining a handful of listed “master developers” in Asia, such as the Philippines’ Ayala Corp and Japan’s Mitsubishi Estate. Those companies typically develop a region and have a number of property companies in their stable.
http://www.todayonline.com/business/mala...n-ipo-2014
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