First highway business trust en route for listing

The signing of underwriting agreement in conjunction with the listing of Prolintas Infra BT on the Main Market of Bursa Malaysia.

PETALING JAYA: Prolintas Managers Sdn Bhd, the trustee-manager of Prolintas Infra Business Trust (Prolintas Infra BT) has signed an underwriting agreement for an initial public offering (IPO) on the Main Market of Bursa Malaysia.

It will be the country’s first highway business trust to be listed and is also the promoter of Prolintas Infra BT, Projek Lintasan Kota Holdings Sdn Bhd.