KUALA LUMPUR: Farm Price Holdings has obtained approval for its upcoming initial public offering (IPO) on Bursa Malaysia’s ACE Market.
The Johor-based wholesaler and distributor of fresh vegetables and food products said the IPO entails a public issue of 102 million new shares, as well as an offer for sale of 33.0 million existing shares, representing 22.67 per cent and 7.33 per cent respectively of its enlarged issued share capital of 450 million shares.
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