Northeast Group preparing to go public in the fourth quarter

From left: Northeast Group Bhd executive director Chong Ewe Hean, Northeast managing director Ng Chay Chin, Affin Hwang Investment Bank Bhd chief executive officer Nurjesmi Mohd Nashir and Affin Hwang Investment Bank managing director of capital markets Johan Hashim.

PETALING JAYA: Precision engineering components manufacturer Northeast Group Bhd has signed an underwriting agreement with Affin Hwang Investment Bank Bhd for its proposed initial public offering (IPO) in conjunction with its listing on the ACE Market of Bursa Malaysia.

Northeast is set to list in the fourth quarter of 2024.