Foreign investor interest in Westports intense

WESTPORTS Holdings' flotation, expected to raise RM2.12 billion (S$818 million) when it lists its shares later this month, will be Malaysia's largest initial public offering this year and marks rekindled interest in its capital market after a period of relative investor indifference towards emerging markets.

Foreign investor interest in the port operator was intense as international fund managers rushed to take advantage of the Federal Reserve's unexpected decision to continue its quantitative easing policy. So great was dem…