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KFC's return to Malaysian bourse heralds rebound in deal volumes

After plumbing 16-year lows in 2016, first-time share sales are expected to hit at least US$2b this year

Companies that have been waiting for better market conditions may proceed with listing plans now, as borrowing costs are rising, says James Lau, investment director at Pheim Asset Management.

Kuala Lumpur

FUNDRAISING from Malaysian initial public offerings is poised to rebound from the lowest in 16 years, led by a planned relisting of the local KFC operator, as receding uncertainty and commodity price gains help rekindle demand for riskier assets.

First-time share sales...

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