AME Elite to raise RM111.1m from IPO


AME Elite Consortium Bhd plans to raise RM111.10mil from the issuance of 85.4 million new shares at RM1.30 each.

KUALA LUMPUR: Integrated industrial property solutions provider AME Elite Consortium Bhd plans to raise RM111.10mil from the issuance of 85.4 million new shares at RM1.30 each as it seeks to list on the Main Market of Bursa Malaysia.

A total of RM69.10mil would be for future industrial property development and investment projects including land acquisitions and joint ventures, within 36 months from listing, it said on Tuesday following the launch of its prospectus.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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AME Elite Consortium , IPO , Main Market

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