Malaysia's Samling said to prepare $250m IPO for auto biz

Malaysia's Samling said to prepare $250m IPO for auto biz

Samling is the official distributor for Bentley Motor Cars in Malaysia.

Samling Group, the Malaysian timber giant, is planning an initial public offering of its automotive operations that could raise more than 1 billion ringgit ($250 million), people with knowledge of the matter said.

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