Cape EMS inks underwriting agreement

PETALING JAYA: Cape EMS Bhd, en route to a listing on the Main Market of Bursa Malaysia, has inked an underwriting agreement with Hong Leong Investment Bank Bhd (HLIB) and AmInvestment Bank Bhd.

The electronics manufacturing services provider’s initial public offering will comprise 259.7 million shares, with a public issue of 173 million new shares and an offer for sale of 86.7 million existing shares.