PEREMBA Construction Sdn Bhd now plans to float on the KLSE main board through an initial public offering (IPO), aborting its earlier proposal for a backdoor listing via Saujana Consolidated Bhd.
Peremba said in a statement yesterday that it had appointed Malaysia International Merchant Bankers Bhd and other advisers for the listing exercise, expected to be completed in the first half next year.
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