Cosmos signs underwriting agreement with Mercury Securities for IPO

Datuk Chong Toh Wee, managing director of Cosmos Technology International (left), and Chew Sing Guan, managing director of Mercury Securities

KUALA LUMPUR: Cosmos Technology International Bhd has inked an underwriting agreement with Mercury Securities in conjunction with its initial public offering (IPO) on the ACE Market of Bursa Malaysia.

The company's listing exercise, which has been approved by Bursa Securities, comprises a public issue of 64.13 million new ordinary shares.