Ranhill RM1bil IPO likely on June 28

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Ranhill RM1bil IPO likely on June 28

Post by Cals on Sat 15 Jun 2013, 14:57

Saturday June 15, 2013
Ranhill RM1bil IPO likely on June 28

KUALA LUMPUR: Malaysian energy and water company Ranhill Energy and [url=http://archives.thestar.com.my/search/?q=Resources Bhd]Resources Bhd[/url] is expected to launch its initial public offering (IPO) on June 28 that will target raising RM1bil, according to two sources.
“They are finalising the cornerstone investors now,” said one of the sources, who declined to be named because the matter was private. – Reuters

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