Shareholders of U Mobile include Malaysian tycoon Tan Sri Vincent Tan(pic).
KUALA LUMPUR: U Mobile Sdn Bhd, a Malaysian mobile service provider, is planning to raise about US$500mil in an initial public offering in Kuala Lumpur, according to people familiar with the matter.
The wireless carrier has asked banks for proposals to help with the potential share sale, the people said.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
