Creador-Backed Eco-Shop Said to Weigh $179 Million Malaysian IPO

March 15, 2023, 4:11 AM UTC

Eco-Shop Marketing Sdn., a budget retail chain in Malaysia, is weighing an initial public offering in Kuala Lumpur that could raise as much as 800 million ringgit ($179 million), according to the people with knowledge of the matter.

The company, which is backed by private equity firm Creador Capital Group, is working with financial advisers on the planned first-time share sale, said the people, asking not to be identified as the process is private. A listing could take place as early as September, the people said.

Deliberations are ongoing and details such as size and timing of the IPO ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.