Increased M&A and Privatization Activity?
With the expected improvement in market sentiment, merger and acquisition activities are becoming more noteworthy.
Recently, there has been a noticeable uptick in M&A and privatization proposals in the market.
UOB Kay Hian Research suggests that current market conditions are conducive to more corporate activities related to M&A and unlocking asset value.
A long-anticipated example is the potential IPO of U-Mobile. There have been persistent rumors about U-Mobile going public for years, and with the current market being more active and favorable, the likelihood of its IPO may be higher. If successful, one of its shareholders, $MAGNUM / 3859 (MAGNUM BERHAD), would benefit.
Related articles:
1. https://cutt.ly/QegKLBSq
2. https://cutt.ly/IegKLMhY
1/2