KUALA LUMPUR, Aug. 5 -- TNG Digital Sdn Bhd, the operator of Touch 'n Go eWallet, reportedly has no immediate plans to pursue an initial public offering (IPO), despite already worth as much as a unicorn startup.

Parent company CIMB Bank Bhd's chief executive officer Gurdip Singh Sidhu was quoted saying the company would continue to assess the possibility of an IPO but was not in a hurry to list.

"The question of IPO is something we will always assess, but it's not something we are rushing into," he was quoted saying by The Edge Malaysia.

"At this point, the business is growing very well. We have started making profit after a few years of the incubation period," he reportedly added.

Bloomberg also quoted him saying that he is confident...