IPO momentum expected to continue particularly for ACE Market

KUALA LUMPUR: Bursa Malaysia’s initial public offering (IPO) momentum is expected to continue for the remainder of the year given the pipeline of submissions particularly for the ACE Market. Bursa Malaysia Bhd chief executive officer Datuk Muhamad Umar Swift said several IPO applications were approved and pending listing. “Bursa Malaysia’s IPO pipeline across all three […]

Ecoscience aims to raise RM24.7 mln from IPO

KUALA LUMPUR: Ecoscience International Bhd (Ecoscience), an integrated palm oil milling services provider en route to a listing on Bursa Malaysia’s ACE Market on July 18, aims to raise RM24.7 million from its initial public offering (IPO). Its business development director Thing Jin Suan said out of the total proceeds, the company planned to allocate RM5 million (20.3 […]