PETALING JAYA: ACE Market-bound KJTS Group Bhd
aims to raise RM58.9mil from its initial public offering (IPO) at a price of 27 sen per share.
The IPO of the provider of building support services comprises the issuance of 218.03 million new shares, or 31.69% of the group’s enlarged issued share capital. It is expected to have a market capitalisation of RM185.8mil upon listing on Jan 26.
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