Mercury Securities signs underwriting deal with Public Investment Bank for IPO

Mercury Securities managing director Chew Sing Guan (left) and Public Investment Bank Bhd chief executive officer Lee Yo-Hunn (right).

KUALA LUMPUR: Mercury Securities Group Bhd has entered into an underwriting agreement with Public Investment Bank Bhd (PIVB) for its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities.

Mercury Securities is an investment holding company and through its wholly-owned subsidiary, Mercury Securities Sdn Bhd is principally involved in the provision of stockbroking, corporate finance advisory services and other related businesses.