Pasukhas to raise RM10.8mil from ACE Market listing

Teng: ‘In the past, our record of achieving tenders has been between 20% and 30%.’

SERDANG: Pasukhas Group Bhd will tentatively be listed on Bursa Malaysia's ACE Market on Aug 29. The mechanical and electrical (M&E) engineering service provider seeks to raise RM10.8mil from its initial public offering (IPO).

At the launch of Pasukhas' prospectus yesterday, chairman and managing director Teng Ah Kiong said: “The listing exercise will enable us to raise funds for our continued operations and expansion as well as enhancing our business profile and future prospects. We believe that our track record and growth potential have put us in a great position in the market and the investors can tap into this growth and realise the fruits in time to come.”