Sim Choo Kheng

Malaysia theme park operator seeks Singapore listing to fund Shandong attraction

(Oct 10): Sim Leisure is planning a Singapore initial public offering of its Malaysian theme park business, which offers water slides, dunk tanks and tree swings at its Penang location.

A sale of new and existing shares could raise about $10 million to $12 million, said Sim Choo Kheng, the company’s founder and chief executive officer. Proceeds from the deal, which could take place by January, will be used to fund a new park in eastern China’s Shandong province, he said in an Oct 8 interview in Singapore.

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