Ranhill goes private to keep growing

Malaysia’s Ranhill has completed its delisting, but still has plans for expansion. It may yet re-appear on another stock exchange

Ranhill Corporation, the parent company of Ranhill Utilities – which develops and operates water and wastewater infrastructure in Malaysia and across Asia – completed its delisting from the Kuala Lumpur stock exchange in mid-November.

 
The management buy-out which gave rise to the delisting was spearheaded by group president and CEO Hamdan Mohamad, along with Cheval Infrastructure, a regional private equity fund. The ...
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