Westports to raise RM2.03bil from IPO, targets 75% dividend (Update 2)


Aerial view of Westports

KUALA LUMPUR: Westports Holdings Bhd will raise RM2.03bil from the sale of 813.19 million shares under its listing exercise at an indicative retail price of RM2.50 each. The listing date is Oct 18.

In its prospectus issued on Thursday, it would offer 102.30 million shares to the public and directors at RM2.50 per share.

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Westports IPO , funds , retail

   

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