Fitters to raise up to RM63.8mil via listing of unit in S’pore


KUALA LUMPUR: Fitters Diversified Bhd is seeking to raise between S$20mil and S$25mil (RM51mil and RM63.8mil) from the initial public offering (IPO) of its renewable energy unit, Future NRG Sdn Bhd, in Singapore.

Fitters managing director Datuk Richard Wong said the funds would be mainly channelled into working capital. Future NRG is planned for listing on Singapore’s Catalist exchange in the last quarter of this year.

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