Reported about 1 month ago
Cuckoo International, the Malaysian arm of South Korea's Cuckoo Holdings, intends to raise up to 750 million ringgit (approximately $172 million) through a planned initial public offering (IPO) in Kuala Lumpur next year. The IPO could value the company at around 3 billion ringgit, as it prepares to offer up to 222 million existing shares alongside 143 million new shares. This follows a strong performance of Cuckoo's shares in Seoul, which have appreciated by about 47% this year.
Source: YAHOO