From left are Chin Group Bhd executive director and CFO Lee Hai Peng; Solarvest managing director Lim Chin Siu; M&A Securities Sdn Bhd managing director of corporate finance Datuk Bill Tan; Chin Hin Group deputy group executive chairman Datuk Seri Chiau Beng Teik; Solarvest executive director Edmund Tan Chyi Boon and its group CEO Davis Chong Chun Shiong.
PETALING JAYA: Solar photovoltaic system specialist Solarvest Holdings Bhd
’s initial public offering (IPO) has been oversubscribed 35 times ahead of its listing on the Ace Market of Bursa Malaysia on Nov 26.
In a statement yesterday, the company said its listing exercise entails the issuance of 98.83 million new shares at an issue price of 35 sen per share, raising approximately RM34.6mil in IPO proceeds.
Limited time offer:
Just RM5 per month.
