ITMAX System signs underwriting deal with investment banks


From left: CIMB Investment Bank deputy CEO Nor Mazliza Sulaiman, ITMAX System non-independent non-executive director Tan Sri Tan Boon Hock, managing director and CEO William Tan Wei Lun, Maybank Investment Bank head of investment banking and advisory Kevin Davies and AmInvestment Bank head of corporate finance Ho Weng Yew

KUALA LUMPUR: ITMax System Bhd has inked an underwriting agreement wtih Maybank Investment Bank Bhd, CIMB Investmet Bank Bhd and AmInvestment Bank Bhd en route to its listing on the Main Market of Bursa Malaysia.

The group, which is principally involved in the supply and installation and provision of public space networked systems, said the initial public offinerg (IPO) involves an offer for sale of 129.45 million shares and a public issue of 190.55 million shares.

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ITMAX System , listing , IPO , underwriting

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