Malaysian billionaire Vincent Tan owned MOL Global files for US IPO


Tan, one of Malaysia's richest men who made a fortune running businesses from lotteries to hotels, owns a 69.3 percent stake in the company.

NEW YORK: Online payment company MOL Global Inc, majority-owned by Malaysian billionaire Vincent Tan, filed with U.S. regulators on Monday to raise about US$300 million in an initial public offering of American Depositary Shares.

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