Eco World given nod from regulator for Malaysia listing

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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