ALPS Global aims to raise US$100mil via Nasdaq IPO


Datuk Seri Dr Tham Seng Kong

KUALA LUMPUR: Integrated biotech group ALPS Global Holding Bhd, which is en route to a Nasdaq listing in the fourth quarter of 2024, aims to raise US$100 million to fund its expansion, clinical studies, and manufacturing plant.

It has an enterprise value of approximately US$1.6 billion.

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