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Cuckoo Holdings Co.'s Malaysian unit plans to raise up to 750 million ringgit ($172 million) through an initial public offering in Kuala Lumpur next year. The listing could value Cuckoo International (Mal) Sdn. at approximately 3 billion ringgit, though details may change.
The Swiss stock market opened lower on Thursday, influenced by a slowdown in consumer price inflation, which rose by 0.8% year-on-year in September. The leading SMI index fell by 0.20%, with 25 of the 30 major stocks declining, while Sandoz, Novartis, and Givaudan were among the few gainers. Analysts anticipate a potential rate cut by the Swiss National Bank in December 2024 due to declining inflation forecasts.
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cuckoo holdings plans up to 750 million ringgit ipo in malaysia
07:55 28.10.2024
swiss stock market opens lower amid declining inflation figures
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09:00 03.10.2024
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