KUALA LUMPUR: Fitters Diversified Bhd
has aborted its plan to list its clean energy unit Fitters-NRG Sdn Bhd on the Australian Securities Exchange (ASX) via the reverse takeover of IFS Construction Ltd.
In a filing with Bursa Malaysia, the fire protection solutions provider said this was in view that IFS had been removed from the official list of the ASX.
“However, Fitters will continue to explore other possibility (sic) of listing Fitters-NRG on the ASX and will make the relevant announcement in due course,” it said.
It announced the Fitters-NRG listing plan to Bursa Malaysia on Aug 19.
Before this, Fitters had proposed to list renewable energy unit, Future NRG Sdn Bhd, on Singapore’s Catalist exchange.
Fitters shares shed half a sen to close at 52 sen on Friday with 739,200 shares changing hands.
Limited time offer:
Just RM5 per month.
