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Subsea group OMS defers $300m IPO amidst unfavourable market conditions

In Malaysia, the IPO market has raised US$621.3 million in the first nine months of this year, a 15% decrease from the same period in 2022.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

October 09, 2023 | 9:36 PM BST

Malaysian telecommunications infrastructure company, OMS, has temporarily put its plans to go public on hold, due to the adverse market environment, according to two informed sources.

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João Marques Lima

Founder and Editor, The Tech Capital

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