Maxis selects trio for re-listing advice

Malaysian mobile operator Maxis Communications has reportedly selected Goldman Sachs, Credit Suisse and CIMB to advise it on a planned USD2 billion listing in Kuala Lumpur, Reuters claims, citing two unnamed sources. It is believed that the listing could be completed by the end of this year, and the latest development comes less than a month after the Malaysian Prime Minister, Najib Razak, called on Maxis to relist to aid the state’s attempts to increase the market capitalisation of the exchange.