K-Star launches IPO prospectus


KUALA LUMPUR: K-Star Sports Ltd, which will be the fourth China company to be listed on the Main Market of Bursa Malaysia today launched the prospectus for its initial public offering (IPO).

Its Executive Director and Chief Financial Officer, Lim Yeow Eng, said under the IPO, K-Star would offer 15.32 million new shares at an issue price of RM2.15 each with 3.4 million shares allocated for the Malaysian public and the rest for selected investors.

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