KUALA LUMPUR (March 9): MTT Shipping and Logistics Bhd said CIMB Investment Bank and Affin Hwang Investment Bank have agreed to back its upcoming listing on the Main Market. The initial public offering (IPO) is targeted for the second quarter of 2026, the container shipping and logistics operator said in a statement on Monday. The underwriting agreement covers the retail portion of the IPO for public investors as well as eligible persons. MTT Shipping owns 26 vessels, the largest fleet of Malaysian-flagged container ships, as at Sept 1, 2025. The company previously said the proceeds from the IPO will be used mainly to acquire additional container vessels as part of its regional expansion strategy.

Source: The Edge Markets March 09, 2026 09:13 UTC