Friday, 5 July 2013

Westports Malaysia is gearing for its IPO in Oct?

Westports Malaysia is gearing for its IPO, in a bid to establish liquidity for its shares and enhance its market profile, according to the company's prospectus. The IPO comprises an offer for sale of up to 813.2m shares. The IPO represents up to 20.8% of the issued and paid-up capital of the company. Wesports is opting to list on Bursa Malaysia in Oct this year, in a deal that may raise up to RM1.54bn. (Reuters)


Source: CIMB Daybreak - 05 July 2013

No comments:

Post a Comment