Main Market-bound Feytech holdings aims to raise RM114.66mil from IPO


From left: Feytech Holdings Bhd independent non-executive director Leou Thiam Lai, AmInvestment Bank Bhd CEO Tracy Chen Wee Keng, Feytech executive director Tan Sun Sun, Feytech executive director/CEO Connie Go, Feytech independent non-executive chairman Datuk Mazlan Mohamad, Feytech executive director Go Yoong Chang, TA Enterprice Bhd managing director and CEO Datin Alicia Tiah, Feytech independent non-executive director Lee Wan Ning and Feytech independent non-executive director Datuk Tan Yee Boon.

PETALING JAYA: Automotive cover and seat manufacturer Feytech Holdings Bhd aims to raise RM114.66 million from its initial public offering (IPO) en route to a listing on the Main Market of Bursa Malaysia on May 21, 2024.

In a statement following the launch of its prospectus today, the group said the proceeds raised from the IPO would cater for the next phase of its business expansion.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Feytech , IPO , Main Market , Connie Go , Bursa Malaysia

   

Next In Business News

Malaysia's economy grows 4.2% in 1Q, beating expectations
China's factories fire up but consumer, property weakness persists
Ringgit opens marginally lower against greenback as investors await 1Q GDP release
Bursa Malaysia rally to pause for profit-taking
ZTE spearheads Malaysia's 5G revolution with its ‘Unfolding the Intelligent Future 2024’ event and receives the Malaysia Book of Records’ fastest 5G-Advanced live trial award.
Trading ideas: IJM, TNB, AirAsia, Thong Guan, Seremban Engineering, UEM Sunrise
XL Axiata-Smartfren merger to yield synergy
Smart Asia IPO oversubscribed by 37.98 times
Aluminum rally is ‘overdone’ as supply returns
S P Setia posts strong 1Q profit

Others Also Read