ACE Market-bound Go Hub Capital targets RM37.5mil from IPO

KUALA LUMPUR: Transportation information technology (IT) solutions provider Go Hub Capital Bhd has scheduled a listing on the ACE Market of Bursa Malaysia on July 3, 2024, as part of its initial public offering (IPO) with the target to raise RM37.51mil.

The company said the proceeds from the IPO will be primarily allocated for business operation expansion, development of innovative solution offerings, increasing brand visibility and customer engagement, as well as general corporate purposes.