MMC Corp faces delays as port of Tanjung Pelepas expands crane capacity

Malaysia’s MMC Corp is proceeding with its planned initial public offering, though local media reports indicate potential delays. The company intends to offer 4.27 billion shares representing a 30% ownership stake, targeting approximately US$ 2 billion in proceeds. MMC, which was previously publicly traded until 2021, maintains a 70% stake in Port of Tanjung Pelepas […]

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