Red Sena on track for listing by Dec 15

Senior management: Ang Meng (left) and Eng Guan have held key management roles in F&N.

PETALING JAYA: Red Sena Bhd, a special purpose acquisition company (SPAC) focusing on the food and beverage industry, is on-track for listing by Dec 15.

The SPAC, has signed an underwriting agreement with RHB Investment Bank Bhd, CIMB Investment Bank Bhd, Affin Hwang Investment Bank Bhd and AmInvestment Bank Bhd for a proposed initial public offering (IPO) on the Main Market of Bursa Malaysia, will have Maybank Trustees Bhd as the custodian.