Xingquan and Multi Sports blaze a trail in Malaysia

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    clpstaff &clp articles

    Sports shoe manufacturer Xingquan International Sports Holdings and sports shoe soles manufacturer Multi Sports Holdings have become the first two China-based…

    Sports shoe manufacturer Xingquan International Sports Holdings and sports shoe soles manufacturer Multi Sports Holdings have become the first two China-based companies to announce direct listings on the Main Board of Bursa Malaysia.

    On July 10, Xingquan International raised RM165 million (US$47 million) through an IPO, while Multi Sports is expected to raise RM57.6 million in its IPO due to take place in the next few days.

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