Proceeds from the proposed initial public offer (IPO) will be utilised to strengthen its market share, managing director Ir Tang Pee Tee @ Tan Chang Kim said in a statement yesterday.
KUALA LUMPUR: ACO Group Bhd
, a distributor of electrical products and accessories, is planning to sell 58 million shares in the company for its listing on the Ace Market.
Proceeds from the proposed initial public offer (IPO) will be utilised to strengthen its market share, managing director Ir Tang Pee Tee @ Tan Chang Kim said in a statement yesterday.
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