Malaysia-headquartered private equity firm Creador is gearing up to sell 40% of its stake in CTOS Digital as the credit reporting agency looks to tap the Main Market of Bursa Malaysia to launch its IPO.
“Malaysia is one of the best markets to take companies public because there is a lot of trapped liquidity in the country today,” Creador founder and chief executive officer Brahmal Vasudevan tells DealStreetAsia in an interview. “There’s a lot of extra capital stuck in Malaysia that essentially causes the market to look for growth stocks.”
