KUALA LUMPUR: MKH Bhd
has proposed to list its wholly owned subsidiary MKH Oil Palm (East Kalimantan) Bhd (MKHOP) on the Main Market of Bursa Malaysia.
In conjunction with the proposed listing and prior to the proposed initial public offering (IPO), MKHOP proposed to undertake the proposed share split, proposed acquisition of PT Maju Kalimantan Hadapan (PT MKH) and PT Sawit Prima Sakti (PT SPS), proposed capitalisation, and thereafter, MKH proposed to undertake the proposed distribution.
