After long drought, two Malaysian firms set to raise up to $900m in IPO

After long drought, two Malaysian firms set to raise up to $900m in IPO

Kuala Lumpur, Malaysia. Photo: Alex Block/Unsplash

Malaysia’s poultry producer Leong Hup International and fast food operator QSR Brands are in advanced stages of launching their initial public offerings in the second quarter, which would revive the nation’s moribund primary market, sources said.

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