Home furniture maker Mobilia to raise RM13.8mil from IPO


Under its initial public offering (IPO), it is offering 60 million new shares at 23 sen, of which 20 million will be offered to the public, 12 million for eligible employees and 28 million will be placed out to selected investors.

KUALA LUMPUR: Home furniture manufacturer Mobilia Holdings Bhd plans to raise RM13.8mil from its proposed listing on the Ace Market of Bursa Malaysia Securities.

Under its initial public offering (IPO), it is offering 60 million new shares at 23 sen, of which 20 million will be offered to the public, 12 million for eligible employees and 28 million will be placed out to selected investors.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Mobilia , Bursa Malaysia , IPO , Ace Market , funds ,

   

Next In Business News

PM says to cut fuel subsidy at the ‘right time’
RHB Research unveils top 20 small-cap ‘jewels’
Property market on recovery path, says minister
K-pop fans around the world rally for climate goals
Survey shows outlook of German firms on Philippines dims
Chinese cooking oil spurs call to boost US tariffs
Swift Haulage’s 2H to improve on expansion in warehousing
Upbeat outlook on stake deal between Paramount and EWI
Taliworks profit surges on compensation, higher tariff
Fraud concerns raise red flags for Mumbai’s booming IPOs

Others Also Read