Skyworld IPO To Reach The Stars?

SkyWorld Development will be listed on Bursa next Monday 10 July, with an IPO price of 80 sen per share. Will the recently announced FY2023 record results give its IPO a boost ? We speak with Datuk Seri Ng Thien Phing, the Founder and Executive Chairman, to understand their relationship with DBKL, their landbank acquisition strategy, and development philosophy, and what he plans to achieve with the IPO proceeds for the company and himself.