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