SINGAPORE: Axis Systems Holdings Ltd, a Malaysia-based company which provides software solutions to banks, said it has launched an initial public offer (IPO) of 42.9 million new shares at 31 Singapore cents per share.
Of the offer size, 8.6 million shares will be offered to the public while 34.3 million are for placement, the company said in a prospectus filed with the Monetary Authority of Singapore.
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