Infoline Tec aims to raise RM23.68mil from IPO

The majority of the proceeds raised from the initial public offering (IPO) would be used to enhance the group’s capabilities and to strengthen its market position to capture the growing market demand for IT solutions.

PETALING JAYA: Infoline Tec Group Bhd, an information technology (IT) infrastructure and cybersecurity solution provider, aims to raise RM23.68mil from its ACE Market listing on July 13.

The majority of the proceeds raised from the initial public offering (IPO) would be used to enhance the group’s capabilities and to strengthen its market position to capture the growing market demand for IT solutions.