And now in countries like Malaysia, the good news is that licensed platforms are affording the public to participate in equity crowd-funding and peer-to-peer lending options. There is also the Leap Market in which companies not quite ready for a full blown listing are able to get listed.
KUALA LUMPUR: Bakery products maker SDS Group Bhd
will issue 104.29 million new shares or 25.7% of the enlarged share capital under its proposed listing on the ACE Market.
The company said in a statement that 20.29 million shares would be offered to the public, 23.13 million shares to its eligible directors, employees and business associates while the remaining 60.87 million shares would be placed out. SDS, which signed an underwriting agreement with M&A Securities Sdn Bhd, is scheduled to be listed by this October.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
