Ecoscience inks IPO underwriting agreement with Hong Leong Investment Bank

From left: Ecoscience International Bhd executive director Pan Kum Wan, Ecoscience managing director Wong Choi Ong, Hong Leong Investment Bank Bhd group managing director/CEO Lee Jim Leng and Hong Leong Investment Bank head of equity markets Phang Siew Loong.

KUALA LUMPUR: Integrated palm oil milling services provider Ecoscience International Bhd has today entered into an underwriting agreement with Hong Leong Investment Bank Bhd (Hong Leong IB) in conjunction with its proposed initial public offering (IPO) and listing on the ACE Market of Bursa Malaysia.

Ecoscience managing director Wong Choi Ong said the signing of the underwriting agreement with Hong Leong IB is a significant leap forward in the company’s journey to becoming a listed entity.