Malaysian state investor 1Malaysia Development Bhd (1MDB) took a big step towards a planned US$3 billion IPO for its power plant assets, filing a long-awaited application for a flotation that will reduce its huge debt burden, sources said.
Malaysian state investor 1Malaysia Development Bhd (1MDB) took a big step towards a planned US$3 billion IPO for its power plant assets, filing a long-awaited application for a flotation that will reduce its huge debt burden, sources said.