Eco World given nod from regulator for Malaysia listing

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By John Loh, Jonathan Breen
07 Apr 2016

Eco World International has obtained approval from the Securities Commission Malaysia for its IPO, which is expected to raise $500m by the middle of this year.

The property developer, a spin-off from Malaysia-listed Eco World Development Group, expects to sell 2.15bn shares in the float, or about 90% of its enlarged share capital.

CIMB and Maybank are joint principal advisers, joint global co-ordinators, joint bookrunners, joint managing underwriters and joint underwriters on the ...

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