Johor Group Plantations aims to go public in 3Q


From left: Affin Hwang Investment Bank Bhd CFO Ahmad Gazzara Czillich, RHB Banking Group managing director of group wholesale banking Datuk Fad'l Mohamed, RHB Investment Bank head of group capital markets & advisory Jaimie Sia Zui Keng, Johor Plantations Group managing director Mohd Faris Adli Shukery, Johor Plantations non-independent non-executive chairman Tan Sri Dr. Ismail Bakar, AmInvestment Bank Bhd deputy CEO Christopher Ng Kok Wai and CIMB Investment Bank Bhd equity capital markets & syndicate head Maznee Kamaruddin.

PETALING JAYA: Johor Plantations Group Bhd (JPG) is aiming to list on the Main Market of Bursa Malaysia in the third quarter of this year.

In a statement, the upstream plantation group formerly known as Johor Plantations Bhd and wholly owned subsidiary of Kulim (M) Bhd, said its initial public offering will entail an issuance of 464 million new shares and an offer for sale of up to 411 million existing shares in the company.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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

Next In Business News

IATA optimistic on Malaysia's aviation outlook as regional recovery accelerates
ISF Group, Alliance Islamic Bank ink IPO underwriting agreement
Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut
Steel unit price index falls 0.1 to 3.2 % in Nov - DoSM
SumiSaujana explores partnership with China polyurethane product manufacturer
Carsome's record retail performance drives up 3Q earnings

Others Also Read