KUALA LUMPUR: Winstar Capital Bhd has received approval from Bursa Malaysia Securities Bhd (Bursa Malaysia) to list on the ACE Market by the fourth quarter of 2024.
The company’s initial public offering (IPO) involves the issuance of 73.95 million ordinary shares, comprising a public issue of 56.55 million new shares and a sale of 17.40 million existing shares, together representing 25.5 per cent of Winstar’s enlarged issued share capital of 290 million shares.
