Johor Plantations gets SC nod to list on Main Market

KUALA LUMPUR: Johor Plantations Group Bhd (JPG) has obtained approval from the Securities Commission (SC) to be listed on the Main Market of Bursa Malaysia.

The upstream oil palm plantation company said its initial public offering (IPO) involving up to 875 million shares will comprise a public issue of 464 million new shares and an offer for sale of up to 411 million existing shares.