Maiden project: (from left) Lim, Ho Chin Soon Research Sdn Bhd director Ho Chin Soon, MCT Consortium executive director Datuk Soo Kai Chee at the launch.
KUALA LUMPUR: Property developer MCT Consortium Bhd, en route to a listing on Bursa Malaysia on April 6, intends to use proceeds from its initial public offering (IPO) to help pay for new land acquisitions.
The company is targeting to raise RM300mil from the public by pricing its IPO at between RM1.26 and RM1.30, according to director of development K K Lim.
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