According to Zhong Jin's understanding, the Malaysian domestic container shipping company MTT Transport (MTT Shipping) is planning to relaunch its initial public offering (IPO) plan, aiming to raise up to $200 million (approximately 1.453 billion Chinese Yuan).

MTT Transport has been in operation since 2010 and is a leading company in Malaysia's liner shipping sector, primarily providing feeder services covering Malaysian ports as well as Southeast Asia and India.

As per Alphaliner's data, as of March 20th, MTT Transport owns 16 vessels with a total capacity of 16,302 TEUs, ranking 59th globally. In addition to liner shipping, MTT Transport is also involved in ship management, automotive logistics, asset management, and other businesses.

MTT Transport is currently working with advisors and plans to list on the Malaysian stock market by the end of this year or in 2026, aiming for a valuation of 4 billion Malaysian Ringgit (approximately 6.538 billion Chinese Yuan). Deliberations are underway, and the size and timing of the offering may change, with MTT Transport declining to comment on this information.

As early as 2019, there were reports that MTT Transport was considering an IPO on the Malaysian stock exchange to raise 250 million Malaysian Ringgit. However, due to the outbreak of the pandemic and the Malaysian stock market index falling to its lowest level since 2009, the IPO plan was shelved. In 2021, MTT Transport had released a preliminary prospectus with plans to list on the mainboard of the Malaysian stock exchange but ultimately did not proceed with the IPO plan.

Furthermore, the Malaysian domestic port operator MMC Port Holdings is also considering a listing plan.