Recent media reports said Axiata, which owns 62.4% in edotco, was in talks with potential advisers for a possible $500 million IPO for the tower unit.
IPOs & Markets
The sukuk will be listed on the Singapore Exchange Securities Trading Limited, Labuan International Financial Exchange Inc and Bursa Malaysia.
The planned fund will be one of the largest venture capital funds to be raised in Southeast Asia.
Talks have been underway for more than a year to sell a stake in the leasing unit.
PNB is spearheading the Sime Darby demerger into three separate businesses by the end of this month to unlock value.
KWAP put $30m into Uber last year as its first foreign, disruptive-tech investment.
Edra was formerly owned by state fund 1MDB and was seeking a $1-3 billion IPO.
Petronas said the sale would allow it to cut its capital spending budget.
Under the reorganisation, the investment holding function and the Malaysian airline business will be separated.
The businesses will be listed after a restructuring that would create three standalone units.
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