Samling planning RM1b IPO of its automotive operations: sources
It is working with advisers to explore a possible dual listing in KL and S'pore later this year, they add
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Kuala Lumpur
SAMLING Group, the Malaysian timber giant, is planning an initial public offering (IPO) of its automotive operations that could raise more than RM1 billion (S$330 million), people with knowledge of the matter said.
Samling is working with advisers to explore a possible dual listing of the business in Kuala Lumpur and Singapore later this year, according to the people.
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