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KEB to raise RM48.49mil from ACE Market IPO

KUALA LUMPUR: Property developer KEB Bhd expects to raise RM48.49mil from its initial public offering (IPO) ahead of its listing on the ACE Market of Bursa Malaysia on Nov 16.

The Star MalaysiaThe Star查看原文 ↗
KEB拟通过在创业板IPO募集4849万令吉

From left: M&A Securities Sdn Bhd head of corporate finance Gary Ting, M&A Equity Holdings Bhd managing director Datuk Bill Tan, KEB Bhd managing director Datuk Lim Kim Chong, KEB Bhd independent non-executive chairman Tan Sri Ahmad Tajuddin, KEB Bhd executive director Lim Vin Xen and Eco Asia Capital Advisory Sdn Bhd group chief executive officer Datuk Kelvin Khoo.

KUALA LUMPUR: Property developer KEB Bhd expects to raise RM48.49mil from its initial public offering (IPO) ahead of its listing on the ACE Market of Bursa Malaysia on Nov 16.

The company, which launched its prospectus today, is offering 138.54 million new shares at an issue price of 35 sen apiece.

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