UWC signs underwriting agreement

Temporary anti-dumping measures on ethanolamine products produced in the Malaysia, Saudi Arabia, Thailand and the United States is also being introduced.

PETALING JAYA: UWC Bhd has signed an underwriting agreement with Hong Leong Investment Bank Bhd (HLIB) as its principal adviser, underwriter and placement agent in conjunction with its initial public offering (IPO) on the Main Market of Bursa Malaysia.

“We are enthusiastic to commence the next chapter of our corporate journey. This event symbolises a major milestone for us and propels us one step closer to be a listed company,” its executive director and group CEO Datuk Ng Chai Eng said in a statement.