Senheng files draft prospectus for IPO 

KUALA LUMPUR: Consumer electrical retailer Senheng New Retail Bhd is seeking to sell its shares on Bursa Malaysia.

According to its draft prospectus, the company has proposed an initial public offering (IPO) of 389.5 million shares.

This involved a public issue of 250 million new shares.

The principal adviser for the proposed IPO is Mercury Securities Sdn Bhd.

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