Despite the investors’ huge interest in MMC Port IPO, MMC Port Holding has decided to postpone its planned IPO to next year. According to sources with knowledge of the matter, the company have decided to include 2025 financial results.
MMC Port is Malaysia’s largest port operator, which manages five ports along the Strait of Malacca
and three crew terminals. In addition to it, a jetty terminal and provides ship to ship transfer facility.
The planned IPO comprised an offer for sale up to 4.3 billion existing shares or about 30% of the issued share capital.
After the IPO, the MMC Corp, the holding company of MMC Port, will retain a 70% stake.