Summary: HI Mobility, the largest cross-border bus operator in Malaysia and Singapore, is going public. The company, valued at US$137 million, has seen a 73% increase in revenue driven by growing demand for cross-border bus services between Johor and Singapore. HI Mobility’s IPO, valued at RM116 million, is the third-largest in Malaysia this year.

Link: https://www.straitstimes.com/business/companies-markets/growing-singapore-demand-boosts-malaysian-cross-border-bus-firms-ipo