Vestland bullish ahead of IPO on healthy order book


Prospectus launch: (From left) Vestland director Ong Wei Liam @ Jeremy Ong, director Datuk Yong Lei Choo, executive director Wong Sai Kit, group managing director Datuk Liew Foo Heen, AmInvestment Bank Bhd CEO Tracy Chen Wee Keng, Vestland chairman Datuk Mathialakan Chelliah, director Wee Chuen Lii and AmBank (M) Bhd commercial banking executive vice-president Yeow Swee Yun at the launching ceremony.

KUALA LUMPUR: Construction services group Vestland Bhd believes 2023 will be another positive year, on the back of a strong outstanding order book of RM947mil and existing tender book value of RM2bil.

The company is slated to be listed on the ACE Market of Bursa Malaysia on Jan 31 next year.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Vestland terminates three jobs worth RM551mil
ES Sunlogy wins RM22mil power sub-contract
ES Sunlogy secures RM22.3mil sub-contract in Penang
Vestland terminates three affordable housing contracts worth RM550.7mil
Pestec appoints Adam Yee as president
Wawasan Dengkil and Kester partner on renewable energy projects
Binastra's unit inks tripartite agreement involving RM305mil contract
Ringgit ends lower as firmer US dollar weighs on market
Infomina posts higher 2Q profit, declares 1.35 sen dividend
SkyGate acquires property investment firm for RM76mil

Others Also Read