Malaysia ECM heats up as 1MDB moves closer to $3bn IPO

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Malaysia ECM heats up as 1MDB moves closer to $3bn IPO

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Kuala Lumpur skyline at night | leungchopan - Fotolia

1Malaysia Development (1MDB) has filed a preliminary IPO application with the country’s regulator for a $3bn-plus listing of its energy assets, in what is the first step towards paving the way for a rare large transaction for the Malaysian ECM market.

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