Titan reveals IPO ambitions

摘要

The Tian Group may launch an initial public offering (IPO) when maket conditions improve, said newly appointed managing director Donald Condon. Condon, formerly of Conoco-Phillips and DuPont, said a listing, either on the Kuala Lumpur Stock Exchange or elsewhere, could take place 'during the upcoming positive petrochemical cycle'. The current petrochemical cycle is expected to peak in 2005-06.