HE Group inks underwriting deal for ACE Market IPO


From left: Alliance Islamic Bank Bhd senior vice president, coverage & origination Lim Shueh Li, Alliance Islamic Bank Bhd chief executive officer Rizal IL-Ehzan Fadil Azim, HE Group Bhd managing director Haw Chee Seng and HE Group Bhd independent non-executive chairman Datuk Christopher Wan Soo Kee.

KUALA LUMPUR: HE Group Bhd has inked an underwriting agreement with Alliance Islamic Bank Bhd (AIS) in conjunction with its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia.

HE Group, via its subsidiary, Hexatech Engineering Sdn Bhd, is an electrical engineering service provider, principally focused on power distribution systems for end-user premises such as industrial plants, as well as industrial and commercial substations.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Light at the end of the tunnel
Understanding the warrant of distress
Are convention halls still good investments?
Ringgit likely to trade cautiously between RM4.09 and RM4.11 vs US dollar next week
Strong momentum seen for Vietnam equities
Asset managers in risk-on mode
Rising DRAM prices may hit consumers
Asia-Pacific ratings hold firm
HK’s lure for key IPO investors
Fewer stocks spur IPO hunt

Others Also Read