Ace Market-bound Haily Group aims to raise RM20.4mil from IPO

KUALA LUMPUR: Haily Group Bhd, en-route to a listing on the ACE Market of Bursa Malaysia Securities Bhd on July 21, aims to raise RM20.4 million through its Initial Public Offering (IPO) exercise.

Haily is principally a main contractor involved in building construction of residential and non-residential buildings in the southern region of Peninsular Malaysia, particularly in Johor, and is also involved in the provision of rental of construction machinery.