Johor Plantations Group (2368120D MK) is looking to raise around US$180m in its upcoming Malaysia IPO. In this note, we look at the firm’s past performance.
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Boomeranged on Wed, 12 Jun 2024 15:39
Johor Plantations has launched its bookbuild to raise US$156m in its Malaysia IPO. Books are expected to close on 24th June 2024, with listing scheduled for 9th July 2024. The IPO will consist of both primary and secondary shares. Seven cornerstone investors had also expressed their indication to take up 37% of the total deal.
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