Edra listing expected to raise in excess of RM5bil


The plant in Kuala Ketil would turn the once agricultural land into an industrial site and support the long-established industrial park in Kulim, said Edra president and executive director Datuk Mark Ling.

KUALA LUMPUR: Independent power producer (IPP), Edra Power Holdings Sdn Bhd, is expected to be listed on the Main Board of Bursa Malaysia in November.

Capital market industry sources said the company, which is the second largest IPP in Malaysia and a leading nuclear energy company globally, was expected to raise in excess of RM5bil from its listing exercise this year.

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