In January, Goldman Sachs was granted licenses by the Securities Commission in Malaysia to set up fund management and investment advisory services in Malaysia.

FORBES: Too Big To Fail But Brazen Enough To Still Get Bigger

At the same time Citi announced it had been granted a brokerage license by the Securities Commission of Malaysia to set up brokerage operations in Malaysia.

FORBES: Too Big To Fail But Brazen Enough To Still Get Bigger

The company plans to sell up to 2.19 billion shares and list on the Bursa Malaysia stock exchange by June, according to Felda's draft prospectus on the website of Malaysia's Securities Commission.

WSJ: Malaysia's Felda Seeks to Raise $3 Billion in IPO