PETALING JAYA: Weststar Aviation Services Sdn Bhd (WAS) is said to be reviewing its plans for an initial public offering to raise between RM1.5bil and RM2bil as it needs funding to further strengthen its foothold in the global markets.
If all goes as planned, the listing could even be before the year is out or early next year, those in the know said.
WAS is already operating in eight countries including Malaysia and wants to further expand in Saudi Arabia, Africa and the South American markets, where it currently operates helicopter services..
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