Kuala Lumpur: Malaysian energy and water company Ranhill Energy and Resources Bhd is expected to launch its initial public offering (IPO) on June 28 in a bid to raise up to 1bn ringgit ($319.23m).
The company provides engineering services for the onshore and offshore oil and gas, refinery and petrochemical industries.
Maybank Investment Bank is the principal adviser for the IPO. CIMB Investment Bank and Maybank Investment Bank are the joint global coordinators and bookrunners. They are also the underwriters for the deal. [14/06/13]
