ACE Market-bound Autocount expects to raise RM30.88mil from IPO

KUALA LUMPUR: Autocount Dotcom Bhd, en route for a listing on the Bursa Malaysia ACE Market on May 9, 2023, aims to raise RM30.88 million from its initial public offering (IPO).

Autocount will utilise about 56 per cent, or RM17.3 million, from the IPO proceeds for its regional expansion in the ASEAN region. The company is involved in the development and distribution of financial management software.