NationGate inks underwriting agreement

From left: M&A Securities deputy head of corporate finance Danny Wong, managing director of corporate finance Datuk Bill Tan, NationGate managing director Ooi Eng Leong and independent non-executive chairman Datuk Seri Wong Siew Hai

KUALA LUMPUR: Nationgate Holdings Bhd, en route to a listing on the ACE Market of Bursa Malaysia, has inked an underwriting agreement with M&A Securities Sdn Bhd.

The electronics manufacturing services provider’s initial public offering will comprise a public issue of 435.5 million new shares and offer for sale of 290.4 million existing shares.

M&A Securities will underwrite 207.4 million new shares made avaialable to the public and NationGate’s eligible directors and employees as well as other eligible persons.