PETALING JAYA: Ace Market bound construction and utilities concessionaire Gagasan Nadi Cergas Bhd (GNCB) aims to raise RM60mil from its upcoming initial public offering (IPO), out of which RM42mil is from the public issue of new shares and RM18mil from the sale of existing shares.
The proceeds would go towards expansion into further utilities dealings and construction business.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!