Life Water signs underwriting agreement

Life Water Bhd managing director Liaw Hen Kong (left) and MIDF Amanah Investment Bank Bhd deputy chief executive officer Datuk Seri Nur Julie Gwee Ariff (right).

PETALING JAYA: Beverage manufacturer Life Water Bhd has signed an underwriting agreement with MIDF Amanah Investment Bank Bhd in conjunction with its initial public offering (IPO) on the Main Market of Bursa Malaysia.

In a statement, the company said its IPO entails a public issue of 97.56 million new ordinary shares and an offer for sale of 28.39 million existing ordinary shares.