ACE Market-bound CEKD plans to raise RM24.28mil from IPO


KUALA LUMPUR:CEKD Bhd, en route to a listing on the ACE Market of Bursa Malaysia on Sept 30, aims to raise RM24.28mil from its initial public offering (IPO) to fund expansion plans including the purchase of a new manufacturing facility and machinery as well as an upgrade of computer systems.

According to a statement accompanying its IPO prospectus, CEKD is a die-cutting solutions provider as well as manufacturer of die-cutting moulds and trader of related consumables, tools and accessories.

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CEKD , M&A Securities , IPO , underwriter , ACE Market

   

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