Agricore inks underwriting deal with M&A Securities

From left: Agricore chief financial officer Lim Swee Chuan, deputy chairman Datuk Keh Chuan Seng, managing director Oon Boon Khong, M&A Equity Holdings Bhd managing director Datuk Bill Tan, M&A Securities head of corporate finance Gary Ting and deputy head of corporate finance Rachel Ho

KUALA LUMPUR: Agricore CS Holdings Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd for its listing on the ACE Market of Bursa Malaysia.

In a statement, the food ingredients supplier said the initial public offering (IPO) entails a public issue of 51.7 million new shares, representing 25.5% of its enlarged share capital upon listing.