(Adds CTOS comment)
KUALA LUMPUR, May 11 (Reuters) - Malaysian credit reporting agency CTOS Digital Bhd is looking to raise as much as 1.2 billion ringgit ($291.72 million) in an initial public offering (IPO) aimed for the third quarter this year, two sources familiar with the deal said.
The listing, which could value CTOS at 2.4 billion ringgit, could come as soon as July end, said the sources, who sought anonymity as the process was private.
“There’s been great interest from foreign and local institutions, and commitment expressed early on,” one of the sources said on Monday.
Both pointed to robust appetite for the offering, even at the early stages of structuring the deal.
Man Fulfils Wholesome Promise To Wear Same Dress as Sister to Graduation
On 5/14/21 at 11:14 AM EDT
Reddit user @Frekkenstein made a promise to his sister to motivate her through her college experience that he d wear matching dresses to her graduation if she graduated with honors. After carrying through with the deal, he shared the results in a now-viral post.
Dennis Martin shared the image of him and his sister in matching rockabilly-style dresses to Reddit on May 13 in the Funny Subreddit. In the 10 hours since it was uploaded, the post has received over 65,000 upvotes on the platform.
Martin told
Newsweek the promise was made after his sister spotted two girls in matching dresses during her associate s degree graduation: I told her I would next time as a joke. She told me well, we re probably never doing this again, I m so tired of school . I told her, Fine. If you get your bachelor s I ll wear a matching dress. But you have to do it with honors.
(Adds CTOS comment)
KUALA LUMPUR, May 11 (Reuters) - Malaysian credit reporting agency CTOS Digital Bhd is looking to raise as much as 1.2 billion ringgit ($291.72 million) in an initial public offering (IPO) aimed for the third quarter this year, two sources familiar with the deal said.
The listing, which could value CTOS at 2.4 billion ringgit, could come as soon as July end, said the sources, who sought anonymity as the process was private.
“There’s been great interest from foreign and local institutions, and commitment expressed early on,” one of the sources said on Monday.
Both pointed to robust appetite for the offering, even at the early stages of structuring the deal.
Malaysian credit reporting agency CTOS said to eye $292m IPO in Q3
Photo: REUTERS/Edgar Su
May 11, 2021
Malaysian credit reporting agency CTOS Digital Bhd is looking to raise as much as 1.2 billion ringgit ($291.72 million) in an initial public offering (IPO) aimed for the third quarter this year, two sources familiar with the deal said.
The listing, which could value CTOS at 2.4 billion ringgit, could come as soon as July end, said the sources, who sought anonymity as the process was private.
“There’s been great interest from foreign and local institutions, and commitment expressed early on,” one of the sources said on Monday.
Central Park memorial for nine Blitz victims who died in unmarked shelter
An 11-year-old boy was among the nine who sadly died after the Inverdene Underground Air Raid Shelter in Central Park took a direct hit
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A poignant tribute has been unveiled in honour of nine people who lost their lives at an unmarked air raid shelter during the Plymouth Blitz.