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Articles tagged with: Ipo and Maxis Communications
Malaysia's Maxis debuts at 9.2 percent above IPO
Shares of Malaysia's top mobile phone company Maxis Berhad jumped 9.2 percent on their return to the bourse Thursday following the biggest share sale ever in Southeast Asia. more
Related Tags: Malaysia
Maxis Publishes Plans to Float on the Malaysian Stock Exchange
Malaysia's Maxis has launched the prospectus for its planned floatation on the Malaysian equity markets. This ipo will see the sale of 30% of the company to new investors. It is envisaged that this exercise will see Maxis become one of the largest component stocks on the benchmark FBM KLCI of Bursa Malaysia. more
Related Tags: goldman-sachs, goldman-sachs, Malaysia
Maxis Plans Malaysian Stock Market Listing
Malaysia's Maxis Communications is floating 30% of its shares on the local stock market in a move that should raise around US$2.5 billion for its shareholders. The ipo is expected to be the largest in the country since for nearly fifteen years. more
Malaysian network's IPO gets off to a good start
Malaysia's largest GSM network, Maxis Communications was launched onto the local stock market yesterday, showing a sharp gain over its floatation price. The shares ended the first days trading at RM5.15 (US$1.36) compared to its initial public offer (ipo) price of RM4.36 (US$1.15). This makes the company the sixth largest by value on the Kuala Lumpur Stock Exchange. The ipo raised around US$920 million for the company (inclusive of a debt offering of US$210 million). more