KUALA LUMPUR: Harps Holdings Bhd has decided not to proceed with the proposed initial public offering (IPO) and a proposed listing on the Main Market of Bursa Malaysia due to unfavourable market conditions.
In a statement, the Malaysian-based manufacturer and global distributor of nitrile examination gloves said the proposed IPO, involving the offering of a total of 2.6 billion shares via institutional and retail offerings, was expected to take place by the end of 2021. — Bernama
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