Wednesday 19 October 2011

15 banks shortlisted for Felda Global IPO

Felda Holdings Bhd has shortlisted 15 investment banks to undertake the listing exercise of Felda Global Ventures, says Chairman Tan Sri Abdul Samad.

"The final decision will be made this week," he told reporters after a briefing on the subsidiary's initial public offering (IPO) exercise.

It is believed four investments banks, two local and two international are required to handle the IPO which would be among the top ten listing exercise undertaken in the country.
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