Ok, straight to the point, for your info, the latest IPO annnouced yesterday is XOX. It is a Mobile Virtual Network Operator (MVNO)which is partnering with Celcom Axiata where XOX utilizes Celcom's nationwide mobile network infrastructures.
We are not going to discuss this XOX IPO in detail as we (as of me and my housemate) are not really interested with this IPO. Why meh? Because..the financial situation does not look convincing as they are still in "Red"
Suffice to share with you the company summary for your reference:
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