Northern Solar focused on enhancing financial resources


PETALING JAYA: Solar energy provider Northern Solar Holdings Bhd is gearing up for its initial public offering (IPO) on the ACE Market, with the aim of bolstering its financial base for expansive growth.

According to its prospectus exposure, the IPO comprises a public issue of 67.25 million new shares and an offer-for-sale of 35.6 million existing shares, at a price to be determined later.

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