PETALING JAYA: Ni Hsin Group Bhd
’s wholly-owned subsidiary Ni Hsin EV Tech Sdn Bhd (NHEV Tech) has proposed to conduct an initial exchange offering (IEO) exercise to raise funds for its electric vehicle (EV) business.
In a statement, Ni Hsin said it had entered into an IEO agreement with Pitch Platforms Sdn Bhd for the provision of IEO services and host it on its licensed IEO platform, PitchIN.
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