Malaysia companies seeking listing in SGX

[CityFarmer]

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

[cfa]

" M " Chips.

[weijian]

Medini Iskandar will be listed on Bursa instead. The word 'local' described in the article meant Msia from their point of view.

http://www.btimes.com.my/Current_News/BT...index_html

Not much surprises for POSH Semco though. SGX has a sizeable stable of offshore listings and POSH Semco seems to be headquartered in Singapore?

http://www.posh.com.sg/

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