Crest Group inks underwriting agreement with MIDF Investment

From left: Crest Group Bhd executive director Yap Kian Meng, Crest Group executive director and group managing director Lim Siong Wai, MIDF Amanah Investment Bank Bhd chief executive officer Datuk Joseph Dominic Silva and Crest Group executive director Ethan Au.

KUALA LUMPUR: Crest Group Bhd has signed an underwriting agreement with MIDF Amanah Investment Bank Bhd (MIDF Investment) for the company’s Initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.

The imaging, analytical and test solutions provider said the IPO involved the issuance of 130.7 million new shares and the sale of 103.89 million existing shares.