Pestech to launch Cambodia unit IPO on Monday

KUALA LUMPUR: Pestech International Bhd is set to launch the initial public offering (IPO) of its unit in Cambodia on Monday, July 27.

The company, in a filing with Bursa Malaysia today, said the IPO for Pestech Cambodia Plc (PCL) has been approved by Securities & Exchange Commission of Cambodia.

The listing involved a public offering of 3.945 million new PCL shares at KHR3,120 each.