Greatech seeks to raise RM73mil from IPO

From left: Greatech Technology director Mariamah Daud, chairman Ooi Hooi Kiang, Executive director and CEO EK Tan, Executive director and COO LH Khor, and director Ooi Ching Hock at the prospectus launch.

KUALA LUMPUR: Greatech Technology Bhd is aiming to raise RM73.05mil from its initial public offering (IPO), alongside plans to expand its operations to the United States and China.

The Penang-based industrial automation solutions provider is planning to take their expertise and technology to the Silicon Valley and Shanghai.