M&A Securities to underwrite CEKD IPO

From left: M&A Securities head of corporate finance Gary Ting, M&A Securities managing director of corporate finance Datuk Bill Tan, CEKD managing director Yap Kai Ning and CEKD deputy executive chairman Yap Tian Tion

KUALA LUMPUR: Die-cutting solutions provider CEKD Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd ahead of its initial public offering on the ACE Market of Bursa Malaysia in September this year.

Under the agreement, M&A Securities will underwrite 19.46 million of the total proposed issue of shares allocated to the Malaysian public or through pink forms, it said in a statement.