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Malakoff's weak performance highlights risky prospects in Malaysian equities

Companies have postponed IPOs recently due to weak domestic conditions, 1MDB uncertainties

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Published Wed, May 20, 2015 · 09:50 PM

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    Kuala Lumpur

    THE under-performance of Malaysia's biggest initial public offering for the year Malakoff Corporation must be giving IPO prospects pause.

    The region's biggest independent power producer slipped more than 6 per cent on Wednesday to RM1.63 before recouping some of its losses to close at RM1.72.

    MalaysiaIPO

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