Telegram群成员〖yuan〗导(dao)出www.tel8.vip)是{shi}一个Telegram群组分【fen】享平台。Telegram群成员【yuan】导出包括Telegram群成员‘yuan’导出、telegram群组索《suo》引、Telegram群组导航、新加坡telegram群《qun》组{zu}、telegram中文群组、telegram群【qun】组(其他(ta))、Telegram 美国 群组、telegram群组爬虫(chong)、电报群‘qun’ 科学上网、小飞机 怎么 加 群、tg群等【deng】内容。Telegram群成员导出为广〖guang〗大电『dian』报用《yong》户提供各「ge」种电报群{qun}组/电报频「pin」道/电报机器人导航服务。

,The investment arm of the Johor state government is asking bankers for pitches for the potential listing of Kulim Malaysia Bhd, and is targeting a valuation of around US$1bil (RM4.4bil) for the unit, the people said. An IPO in Kuala Lumpur could happen as early as next year, The Kulim listing would come as a three-year rally in crude palm oil prices has begun to sputter, falling from its peak in March as Indonesia ramps up exports.

PETALING JAYA: Malaysia’s state-owned investment firm Johor Corp could seek to raise about RM1bil in an initial public offering (IPO) of its plantation unit, according to people with knowledge of the matter.

The investment arm of the Johor state government is asking bankers for pitches for the potential listing of Kulim Malaysia Bhd, and is targeting a valuation of around US$1bil (RM4.4bil) for the unit, the people said.

An IPO in Kuala Lumpur could happen as early as next year, said the people, who asked not to be identified as the process is private.

The Kulim listing would come as a three-year rally in crude palm oil prices has begun to sputter, falling from its peak in March as Indonesia ramps up exports.

Deliberations are ongoing and details of the IPO such as size and timing could change, the people said. Johor Corp is continuously reviewing its investments, and is committed to improving the value proposition of Kulim, said Hasnina Hafiz, head of group corporate communications, in response to a query from Bloomberg News.

Should Johor Corp proceed with the plan, Kulim will be joining Malaysia IPO candidates including Weststar Aviation Services’ helicopter services unit and QSR Brands (M) Holdings Bhd, which runs KFC and Pizza Hut restaurants in South-East Asia.

Malaysia hosted US$408mil (RM1.8bil) worth of IPOs so far this year, up from US$130mil (RM572mil) in the same period in 2021, data compiled by Bloomberg showed.

Kulim traces its roots to 1933 when Kulim Rubber Plantations Ltd was incorporated in the United Kingdom, according to its website.

It was listed on the the Kuala Lumpur stock exchange in 1975 and Johor Corp became a major shareholder of Kulim a year later. The state-owned firm took Kulim private in 2016.

The agricultural company has 55,796 ha of planted areas with oil palm trees in Malaysia and 7,362 ha in Indonesia, the website showed. Along with plantation, Kulim’s core business areas are fruit and vegetable farming, livestock and trading and services.

Meanwhile, Carsome Group, which operates a South-East Asian used-car online marketplace, is delaying its dual listing plans in Singapore and the United States on concerns that deteriorating macroeconomic conditions could dent its valuation, according to people with knowledge of the matter.

Malaysia’s most valuable technology startup has halted work on the planned offerings that were set for this year, the people said.

Allbet Gaming声明:该文看法仅代表作者自己,与www.allbetgame.us无关。转载请注明:Telegram群成员导出(www.tel8.vip)_Malaysia state firm mulling relisting of palm oil arm
发布评论

分享到:

澳‘ao’幸运『yun』5开户(www.a55555.net)_恒大(03333.HK)山(shan)西项“xiang”目全面复工复产
你是第一个吃螃蟹的人
发表评论

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。