04:55 AM EDT, 09/30/2024 (MT Newswires) -- KKR & Co. ( KKR ) -backed OMS Group will reconsider a plan for a public debut of its equity in the next few years, Reuters reported Monday, citing OMS chief executive Richard Sun.

In October last year, the global investment firm said it has committed a $400 million investment in Malaysian telecom infrastructure group. OMS has since shelved its planned initial public offering, according to Reuters.

There is no fixed listing venue yet, but the company will explore "the most suitable options including Malaysia", Sun was quoted as saying.

KKR and OMS did not immediately respond to MTNewswires' request for comment.

(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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