HE Group to actively tap new sectors, markets post-IPO

PETALING JAYA: ACE Market-bound electrical engineering service provider, HE Group Bhd, aims to raise RM24.33mil from its initial public offering (IPO) at a price of 28 sen per share.

Managing director Amos Haw Chee Seng said RM15.13mil or 62.19% of the money raised will be used to supplement working-capital requirements in tandem with the expected growth in the group’s business.