MMC Port Holdings Sdn. is expected to start investor education for its planned initial public offering as soon as this week, people familiar with the matter said, in what is set to be the biggest IPO in Malaysia since 2012.
Pre-deal investor meetings with key institutional players will likely run until Oct. 3, the people said, asking not to be identified because the process is private. During this PDIE meeting phase, MMC Ports plans to explain topics such as the investment case and valuation of the business, the people said.
MMC Ports may seek to file its final IPO prospectus by the end of September and list on the local bourse in the second half of November, the people said.
Considerations are ongoing and the IPO timing could change, the people said.
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