Update: Market Chatter: ZUS Coffee Mulls Malaysia IPO to Raise MYR1 Billion

MT Newswires Live
08/14

(Updates to add a ZUS Coffee representative's reply to MT Newswires' email seeking comment)

ZUS Coffee is exploring an initial public offering of its Malaysian business to raise at least 1 billion ringgit, Bloomberg News reported Thursday, citing people familiar with the matter.

An IPO could take place on Bursa Malaysia as early as mid-2027, though discussions are ongoing and the timing and offering size remain subject to change.

The IPO could value the coffee chain business at about 4 billion ringgit, according to the report.

A ZUS Coffee representative, in an email reply to MT Newswires' query, said the company is focused on the region's growth and does not have news to share regarding a listing at the moment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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