Westports Malaysia Mulls $1 Billion IPO
Westports Malaysia Sdn. Bhd., which is partly owned by entities linked to Hong Kong tycoon Li Ka-Shing, is looking to raise about US$1 billion through an initial public offer in Malaysia, according to three people familiar with the transaction. The group--which operates terminals in Port Klang on
Asian Shares Mixed, Weaker Yen Helps Japan
Asian markets were mixed early Monday with Japanese stocks helped by a weaker yen and Australia down as several major stocks traded ex-dividend which deters their appeal.