Go Hub Capital inks underwriting agreement with UOB Kay Hian Securities

Tan Cherng Thong, executive director and CEO of Go Hub (left), with David Lim, CEO of UOB Kay Hian Securities

KUALA LUMPUR: Go Hub Capital Bhd has entered into an underwriting agreement with UOB Kay Hian Securities (M) Sdn Bhd in conjunction with its Initial Public Offering (IPO) on the ACE Market of Bursa Malaysia.

In a statement, the transport information technology (IT) solutions provider said UOB Kay Hian Securities will underwrite 32 million shares, comprising 20 million shares made available to the Malaysian public and 12 million shares reserved for application by eligible directors and employees as well as persons who have contributed to the success of the group.