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Malaysia flush with Middle East cash

Posted on 24 August 2012

When Facebook went public in May it became the biggest stock launch of the year, but the two next biggest initial public offerings had something in common - they were both Malaysian companies.
In June, Felda Global Ventures Holdings raised $3.1 billion in shares, and a month later IHH Healthcare raised $2.1billion. Both are Malaysian and for both, key investors came from the Middle East. “Middle East investment is highly important,” Fung Siu, Asia editor for the Economist Intelligence Unit, told CNN’s Ayesha Durgahee………………………………………..Full Article: Source

 
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