DIB to issue 46 million new shares for listing

PETALING JAYA: Main Market-bound Dolphin International Bhd (DIB) will issue 46 million new shares for its initial public offering (IPO), representing 20.72% of its enlarged issued and paid-up capital.

Of the public issue shares, 15 million would be made available to the public while another 8.25 million were for directors and employees, said the company in its prospectus exposure on the Securities Commission’s website.