Fitters to raise up to RM63.8mil via listing of unit in S’pore


KUALA LUMPUR: Fitters Diversified Bhd is seeking to raise between S$20mil and S$25mil (RM51mil and RM63.8mil) from the initial public offering (IPO) of its renewable energy unit, Future NRG Sdn Bhd, in Singapore.

Fitters managing director Datuk Richard Wong said the funds would be mainly channelled into working capital. Future NRG is planned for listing on Singapore’s Catalist exchange in the last quarter of this year.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , fitters

   

Next In Business News

Trading ideas: MyEG, Axis REIT, Mah Sing, Capital A, Hibiscus, Chin Hin, Carlsberg, I-Bhd
Businesses concerned about rising forex woes
Booming eCommerce bolsters consumption
Sasbadi reports record high quarterly revenue on robust sales
LME takes aim at traders’ Russian metal games with new rules
Helping more city-state F&B businesses to expand overseas
Funds raised by Singapore’s tech startups up 59% in 2023
Fernandes on board Capital A for five more years
China’s prices are too low for buyers to sweat about tariffs
UK firms told to ‘urgently review’ green claims

Others Also Read