Main Market-bound Hi Mobility aims to raise RM115.9mil from IPO


KUALA LUMPUR: Bus services provider HI Mobility Bhd, en route to its listing on Bursa Malaysia's Main Market on March 28, 2025, aims to raise RM115.9 million through its initial public offering (IPO).

Its executive director and chief executive officer, Lim Chern Chen said the proceeds will be used to strengthen its core competencies in providing cross-border and local bus services by expanding its vehicle fleet, depots, and digital infrastructure to support business growth in Malaysia.

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