Wednesday, August 5, 2009

Breaking News-RTRS-Malaysia's Maxis hires banks for $2 bln IPO-sources

SINGAPORE/KUALA LUMPUR, Aug 5 (Reuters) - Maxis Communications, Malaysia's top mobile operator, has chosen Goldman Sachs , Credit Suisse and CIMB to advise the firm on a planned $2 billion listing in Kuala Lumpur, two sources told Reuters on Wednesday.
The listing is likely to happen by the end of this year and the company may raise more than $2 billion in its public offering, one of the sources told Reuters.