Topmix aims to raise RM25.6mil from IPO


From left: Topmix executive director Jessie Tan Lee Hong, managing director Jack Teo Quek Siang, independent non-executive chairman Chang Tian Kwan, M&A Securities managing director Datuk Bill Tan and head of corporate finance Gary Ting

KUALA LUMPUR: Topmix Bhd aims to raise RM25.6mil from its upcoming initial public offering (IPO) as it heads towards a listing on the ACE Market of Bursa Malaysia on April 23, 2024.

In a statement, the total surface decorative products company said it has earmarked RM11.3mil of the total proceeds for working capital, with another RM6mil allocated towards business expansion, marketing and sales.

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Topmix , IPO , listing , prospectus , ACE Market , M&A Securities

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