PETALING JAYA: Sunview Bhd, which is slated to list on the ACE market on Oct 17, plans to use RM20.1mil or 58.7% of its listing proceeds for its working capital requirements as the company looks to expand its solar-based engineering business in the country.
Sunview, which is an engineering, procurement, construction and commissioning (EPCC) specialist for solar photovoltaic (PV) projects, is set to raise RM34.2mil through its initial public offering via issuance of 118 million new shares at an offer price of 29 sen per share.
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