AME Elite eyes October listing on Main Market

Lee (right) holds up the group's IPO prospectus during its September 24 launch, accompanied by CIMB Investment Bank Bhd CEO chief executive officer Jefferi M Hashim (left) and AME chairperson Tengku Azrina Raja Abdul Aziz at the Grand Hyatt in Kuala Lumpur. AZMAN GHANI/ The Star

KUALA LUMPUR: Integrated industrial property solutions provider AME Elite Consortium Bhd is seeking a listing on Bursa Malaysia Securities Bhd’s Main Market in October, following the launch of its initial public offering prospectus.

According to its prospectus, AME is aiming to raise RM166.6mil through the issuance of 85.42 million new shares at the retail price of RM1.30 per share.