UMediC gets Bursa Malaysia Securities, SC nods for Ace Market listing

KUALA LUMPUR: UMediC Group Bhd has received approvals from Bursa Malaysia Securities Bhd and Securities Commission (SC) Malaysia for its listing on the ACE Market of Bursa Malaysia.

In a statement today, it said pursuant to the listing, UMediC’s initial public offering (IPO) would comprise a public issue of 97.22 million new UMediC shares of which, 18.69 million would be made available to the Malaysian public while 13.08 million would be allocated to eligible directors, employees and business associates which have contributed to the success of the company.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

Kenanga maintains 'outperform' on Dialog as outlook remains intact
Bursa continues to edge lower as Wall Street stays flattish
Trading ideas: MISC, SP Setia, Gas Malaysia, Mega First Corp, Dayang, Sunway REIT, Magnum, Dialog, Kobay and AME Elite
Proton finalises deal to sell and service EVs
China plans more fiscal stimulus as economy outlook darkens
MAA: Total vehicle sales up more than 500% y-o-y in July
Federal Court rules in favour of SC over auditor
S P Setia secures RM1.67bil sales in 1H
Ringgit eases against US dollar
AmBank poised for positive returns in FY23

Others Also Read