Malaysian IPO beat Chinese rivals to our Deal of the Year award 2009

Maxis's $3.3 billion IPO returned the company's domestic mobile business to the market as a high-yielding index play two years after the privatisation of Maxis Communications.

As we noted in our write-up of the 2009 Deal of the Year award, it had been a long time since a Southeast Asian initial public offering stood out to the extent that it was able to compete with the top new listings out of China. But the listing of Malaysian mobile operator Maxis Berhad did.

In that sense, our decision to hand this deal our top award last year wasn't so much a conscious effort to shift the attention away from China and back towards the Southeast Asian tiger economies of the 1990s, as a recognition of a deal well done. Although, some observers, including Credit Suisse's Helman Sitohang in his view point piece...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222