MMC Port Considers RM7 Billion IPO, Malaysia’s Largest in Years

MMC Port Holdings Sdn Bhd, owned by tycoon Tan Sri Syed Mokhtar Al-Bukhary, is exploring an initial public offering (IPO) that could raise up to RM7 billion (US$1.6 billion) in Kuala Lumpur. This would mark the largest IPO in Malaysia in over a decade. The company, which operates seven ports in the busy Straits of Malacca, is working with financial advisers for a potential share sale in late 2025. Valuations are expected between RM24 billion and RM27 billion, though details are still under consideration. – Bloomberg

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MMC Port Recap

MMC Port Holdings is considering an IPO in Kuala Lumpur, potentially raising RM7 billion, making it Malaysia’s largest IPO in over a decade.​

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