Noted :-
Maxis is scheduled to launch its prospectus on Wednesday and it is expected to raise nearly RM10.2 billion for the listing exercise of its Malaysian operations. However, pricing the shares above RM5.20 may not attract strong interest.

Maybank online /ATM didnt offer maxis IPO for sale!! How to appy?

MAXIS Bhd, selling shares in Malaysia’s biggest public offering, plans to borrow RM5 billion to repay loans to its parent, Maxis Communications Bhd, according to a prospectus published today in Kuala Lumpur.

Maxis has also obtained a revolving credit facility of RM1 billion from CIMB Bank Bhd. for working capital and “liquidity purposes should the need arises,” it said. - Bloomberg

Just curious whether they are having money problem now? Maxis listing will bring down the whole market as it debt is high?

This post has been edited by pbt: Oct 29 2009, 06:41 AM