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Malaysian Tycoon Syed Mokhtar Said Considers Property Company IPO

Primul articol: 9 apr. 2026, 04:38 | Ultima actualizare: 9 apr. 2026, 04:38 | 1 sursa | 1 articol

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Syed Mokhtar Said, a prominent Malaysian businessman, is exploring the possibility of listing his property company on the stock market through an IPO. The move could provide a substantial influx of funds for the company, enabling it to pursue new developments and expand its portfolio. The IPO's size and timing are yet to be determined.

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Malaysian Tycoon Syed Mokhtar Said to Mull Property Company IPO Foto: Bloomberg
Bloomberg English 9 apr. 2026, 04:38 (acum 4 ore)

Malaysian Tycoon Syed Mokhtar Said to Mull Property Company IPO

Australian developer Walker Corp. and Malaysian tycoon Syed Mokhtar Al-Bukhary are considering an initial public offering of their joint venture to raise as much as 500 million ringgit ($125 million), according to people familiar with the matter.

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