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Market Rumors: Malakoff, Intesa, CICC

By Chelsea Naso (February 11, 2015, 4:34 PM EST) -- Malaysian power company Malakoff Corp. Bhd., a unit of builder MMC Corp. Bhd., is expected to roll out its long-delayed $1 billion initial public offering in Kuala Lumpur as early as this month as it has offered indigenous investors shares, a government-mandated prerequisite for most companies, Reuters reported Wednesday. The IPO, which was delayed several times as Malakoff dealt with construction issues at one of its power plants, would be Malaysia's largest since the $1.5 billion listing of TV firm Astro Malaysia Holdings Bhd. in 2012, the report said....

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