Green energy GPP Resources offers shares at 28c under IPO

Green-energy company GPP Resources Bhd is offering 15.60 million new shares at 28 sen each ahead of its listing on the Leading Entrepreneur Accelerator Platform Market of Bursa Malaysia Securities Berhad in September this year.

KUALA LUMPUR: Green-energy company GPP Resources Bhd is offering 15.60 million new shares at 28 sen each ahead of its listing on the Leading Entrepreneur Accelerator Platform Market of Bursa Malaysia Securities Berhad in September this year.

It said on Wednesday the 15.60 million new shares which would be offered to sophisticated investors would account for 10.06% of the enlarged share capital.