ACE Market-bound Kawan Renergy signs underwriting agreement

PETALING JAYA: Engineering solutions provider, Kawan Renergy Bhd has entered into an underwriting agreement with M&A Securities Sdn Bhd in conjunction with its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia.

Kawan Renergy Group through its subsidiaries, Kawan Engineering Sdn Bhd and Kawan Green Energy Sdn Bhd, is principally involved in the design, fabrication, installation and commissioning of industrial process equipment, process plants as well as renewable energy and co-generation plants.