IPOs & Markets
It reduced its public shares on offer by a fifth and lowered the IPO price range.
Offering was earlier expected to price in the 7.60-8 ringgit per share range
Firm plans to raise $1.4b via its IPO in July.
ANZ Banking Group owns a 24 per cent stake in Ambank
The listing could be one of the biggest IPOs in years in Malaysia
Barely a week after it dumped its original partners
Real estate and infrastructure now make up 4% of EPF's total investment assets.
The IPO could raise as much as $1.5 billion.
This would mark Alibaba's first investment in Malaysia.
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