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.

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

   

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