AGX inks IPO underwriting deal with TA Securities

From left: AGX chief financial officer Chang Poh Sheng, executive director Jayasielan Gopal, executive director and group CEO Datuk Ponnudorai A/L Periasamy, TA Securities executive director of operations Tah Heong Beng and head of corporate finance Ku Mun Fong

KUALA LUMPUR: AGX Group Bhd has entered into an underwriting agreement with TA Securities Holdings Bhd for the company's initial public offering (IPO) on the ACE Market of Bursa Malaysia.

In a statement, the company said the IPO comprises a total public issue of 96.5 million new shares and an offer for sale of 30 million existing shares.