UMW pockets $747m as it prices at the top

By Rev Hui
21 Oct 2013

UMW Oil & Gas raised MR2.36bn ($730m) on October 18, claiming the title of Malaysia's largest listing in 2013.

And the result was never really in doubt as the global investor portion of the deal has already been mostly covered by cornerstone investors.

The 843.2m shares on offer – excluding the greenshoe  - were split 399.6m shares left for global institutional investors, 249m shares for Bumiputra, or ...

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