MTT Shipping makes its Bursa Malaysia debut

AI Summary

MTT Shipping has successfully debuted on Bursa Malaysia's Main Market, raising approximately USD 165 million through its initial public offering. The listing positions the company as a significant player in Malaysia's logistics sector.

MTT Shipping and Logistics Bhd has listed on Bursa Malaysia’s Main Market, raising MYR 652.5 million (approximately USD 165 million) through its initial public offering at a price of MYR 1.03 per share. The listing values the Malaysian domestic carrier at around MYR 2.6 billion (USD 658 million), accoring to DynaLiners. The company made its […] The post MTT Shipping makes its Bursa Malaysia debut appeared first on Container News.