U Mobile Reportedly Planning RM2.34 Billion IPO In 2025

Quick Summary:

U Mobile is reportedly planning a domestic initial public offering (IPO) by the first half of 2025.

According to Reuters, sources familiar with the matter say the move could raise over US$500 million (~RM2.34 billion).

They added that the telco is set to file an IPO application with Bursa Malaysia either this month or in […]

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Article Details

Author / Journalist: Heirul Kamel

Category: Technology

Markets: Malaysia

Topics: Reuters Initial public offering U Mobile Ipo 2025 Telco

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 02:28:20 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: lowyat.net

Language: English

Article Length: 276 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Lowyat.net

News ID: 21743374

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About Lowyat.net

Main Topics: Technology

Official Website: lowyat.net

Update Frequency: 2 posts per day

Year Established: 2002

Headquarters: Malaysia

News Last Updated: 14 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #46

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