ORISOFT Technology Bhd plans to use the RM6.45mil in proceeds from its listing exercise to expand research and development (R&D) of its human resource management systems software.
Its managing director Raymond Su Do told reporters of this plan after the company's underwriting ceremony in Kuala Lumpur yesterday. AmMerchant Bank Bhd is the adviser, managing underwriter, placement agent and sponsor for Orisoft's proposed flotation.
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