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15 banks shortlisted for Felda Global IPO

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15 banks shortlisted for Felda Global IPO Empty 15 banks shortlisted for Felda Global IPO

Post by hlk Wed 19 Oct 2011, 17:39

Felda Holdings Bhd has shortlisted 15 investment banks to undertake the listing exercise of Felda Global Ventures, says Chairman Tan Sri Abdul Samad.

"The final decision will be made this week," he told reporters after a briefing on the subsidiary's initial public offering (IPO) exercise.

It is believed four investments banks, two local and two international are required to handle the IPO which would be among the top ten listing exercise undertaken in the country. -- Bernama


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