KUALA LUMPUR: Only World Group Holdings Bhd plans to raise RM50mil from its initial public offering (IPO), targeted by year-end.
"Of the RM50mil from the IPO ,RM30mil will be earmarked for Penang's Komtar Tower refurbishment, RM13mil for business expansion, RM2mil working expenses and the balance for expenses relating to the IPO," he added.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!