Eight cornerstone investors snap up Swift’s IPO


Logistics player Swift Haulage is backed by the Retirement Fund Inc (KWAP). It has a 13.61% stake in the group.

PETALING JAYA: AIA Bhd, HSBC Global Asset Management and Zurich Life Insurance Malaysia are among the eight cornerstone investors for Swift Haulage Bhd’s upcoming initial public offering (IPO) on the Main Market of Bursa Malaysia.

The other cornerstone investors are AmFunds Management Bhd, Nikko Asset Management Asia Ltd, Areca Capital Sdn Bhd, Kenanga Investors Bhd and UOB Asset Management.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


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!

Swift Haulage , IPO , Bursa Malaysia , AIA , HSBC ,

   

Next In Business News

Sustainability is key
Deleum – spending and still yielding
Tourism bound for a pleasant journey
Farm Fresh targets the top shelf
ETF – fishing in deeper waters
Poised for real estate growth
Future of architecture: blending tradition with modern design
Must-have gadgets for rental properties
Ringgit likely to trade on softer note next week
Nasdaq dreams aside, LYC must first focus on profitability

Others Also Read