3REN signs underwriting agreement with KAF Investment Bank for 4Q listing

From left: 3REN non-independent non-executive chairman Datul Boonler Somchit, 3REN executive director & chief digital officer Lee Chee Hoo, 3REN executive director & chief executive officer Koh Dim Kuan, KAF Investment Bank Bhd corporate finance director Hon Kim Teng and KAF Investment Bank associate director Zanzilah Khalid.

PETALING JAYA: 3REN Bhd has inked an underwriting agreement with KAF Investment Bank Bhd for its listing on the ACE Market of Bursa Malaysia, scheduled for the fourth quarter of this year.

In a statement released, the engineering services firm said the initial public offering (IPO) will entail a public issue of 11.0 million new ordinary shares and an offer for sale of up to 45.0 million existing shares.