KUALA LUMPUR: Hong Kong-listed Unity Group Holdings International Ltd is planning a secondary listing on Bursa Malaysia.
In a statement, the energy services company said the initiative aligned with its ongoing development in Malaysia and the recent strategic partnership with one of the largest banks in the country to support local government projects.
"We are excited about this launch, this marks the first time in over 15 years that a Hong Kong-listed company has first debuted on Bursa Malaysia," chairman and chief executive officer Mansfield Wong said.
"We will have further discussions between the group and qualified professionals with regards to this secondary listing. The group is experiencing significant momentum in expanding business opportunities and driving stronger ESG development in Malaysia," he added.
“We believe the secondary listing would further connect our business focus in Malaysia with local heritage so that we would be able to create value and benefit more effectively for the people in Malaysia.”
Unity Group operates in Hong Kong, China, Malaysia, Indonesia, South Africa and the U.A.E. Middle East.
