MMC Port Holdings Sdn Bhd is pressing ahead with its planned listing in Malaysia, according to people familiar with the matter, in what could be the biggest initial public offering in Kuala Lumpur in more than a decade.

The port operator, owned by Malaysian tycoon Tan Sri Syed Mokhtar Al-Bukhary, has confidentially filed listing documents with regulators and is awaiting approval to post a draft prospectus, the people said, asking not to be identified because the process is private.

MMC Ports could seek to raise about US$2 billion (RM8.5 billion) in a share sale as soon as September, the people said. The planned listing could value the company at as much as US$7 billion, some of the people said.


This post has been edited by nexona88: Jul 1 2025, 07:41 PM

Reserve

This post has been edited by nexona88: Jul 1 2025, 07:41 PM

Reserve

This post has been edited by nexona88: Jul 1 2025, 07:41 PM

https://theedgemalaysia.com/node/764273

Potentially up to 20 cornerstone investors

October listings