(Updates to add a ZUS Coffee representative's reply to' email seeking comment)
ZUS Coffee is exploring an initial public offering of its Malaysian business to raise at least 1 billion ringgit, Bloomberg News reported Thursday, citing people familiar with the matter.
An IPO could take place on Bursa Malaysia as early as mid-2027, though discussions are ongoing and the timing and offering size remain subject to change.
The IPO could value the coffee chain business at about 4 billion ringgit, according to the report.
A ZUS Coffee representative, in an email reply to' query, said the company is focused on the region's growth and does not have news to share regarding a listing at the moment.
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