Exciting news as Prolintas ventures into the IPO realm, setting a groundbreaking record in Malaysia!
In a historic move, Prolintas, the highway operator under Projek Lintasan Kota Holdings Sdn Bhd, is all set to shake up the financial market with its upcoming initial public offering (IPO). The company is ambitiously aiming to raise RM445.3 million through the IPO, marking a significant milestone in its journey. Malaysia is abuzz with anticipation as Prolintas gears up for this game-changing financial feat.
Adding to the buzz is the revelation that Prolintas Infra Business Trust is poised to make its debut on Bursa Malaysia on March 25, making it the first business trust in the country. This groundbreaking move is expected to revolutionize the investment landscape in Malaysia and pave the way for more innovative financial ventures.
Investors and financial experts are closely watching Prolintas' IPO journey, eager to witness the impact of Malaysia's first business trust. The RM512 million expected to be raised through the IPO further solidifies Prolintas' position as a key player in the infrastructure industry, setting a new benchmark for upcoming ventures in the market.
As Prolintas makes history with its RM512 million IPO for Malaysia's first business trust, the financial sector is brimming with excitement and anticipation. This significant milestone not only showcases Prolintas' growth and potential but also opens up new avenues for investors and stakeholders in Malaysia's financial market.
KUALA LUMPUR: Highway operator Projek Lintasan Kota Holdings Sdn Bhd (Prolintas) aims to raise RM445.3 million via the initial public offering (IPO) of its ...
Malaysia's first business trust is slated for listing on Bursa Malaysia on March 25.
KUALA LUMPUR (March 7): Here is a brief recap of some corporate announcements that made the news on Wednesday. Prolintas Infra Business Trust has begun ...