PETALING JAYA: ACE Market-bound CBH Engineering Holding Bhd will be utilising its listing proceeds for the procurement of equipment and components for mechanical and electrical (M&E) engineering works and to free up its internally generated funds.
In its draft prospectus on Bursa Malaysia, the electrical engineering service provider said as at May 31, it had 13 existing contracts with a total unbilled order book of RM207.04mil, comprising M&E engineering works.
