SFP Tech to raise RM62mil from IPO

SFP Tech Holdings Bhd founder and managing director Keoh Beng Huat (left) and Public Investment Bank Bhd chief executive officer Mr. Lee Yo-Hunn at the underwriting agreement signing ceremony of SFP Tech Holdings Bhd on April 20, 2022.

KUALA LUMPUR: SFP Tech Holdings Bhd, a one-stop integrated engineering and automation solutions provider, plans to raise RM62.23mil proceeds from its initial public offering (IPO) exercise.

The company is en route to a listing on Bursa Malaysia’s Ace Market on June 20.