Sorento signs underwriting agreement for ACE Market

From left: Sorento Capital Bhd executive director Lee Chee Keong, executive director Jayden Loo Jing Kai, managing director Loo Chai Lai, Alliance Islamic Bank Bhd chief executive officer Rizal IL-Ehzan Fadil Azim, Alliance Bank Malaysia Bhd chief corporate banking & capital markets officer Teoh Chu Lin and Alliance Islamic Bank head/senior vice president - coverage & origination – Islamic capital markets Lim Shueh Li.

PETALING JAYA: Sorento Capital Bhd has signed an underwriting agreement with Alliance Islamic Bank Bhd (AIS) as part of its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia.

Sorento Capital, through its subsidiaries, is principally involved in the marketing, distribution and sales of bathroom and kitchen sanitary ware.