BURSA Malaysia has been starved of large listings over the last few years. The heydays of many large initial public offerings (IPOs) seem to be over.
This year, the only likely large listing candidate seems to be DXN Holdings Bhd, which is involved in the sales of health and wellness consumer products. It filed its draft prospectus with the Securities Commission in June.
But since then, the company has delayed its listing due to weak market sentiment. It is a 50:50 chance that the company will make it to the market this year.
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