CBH Engineering inks underwriting deal with Mercury Securities

Standing from left to right: CBH executive director Cheah Min Heng, CBH Engineering Sdn Bhd director Cheah Boon Kiat, CBH executive director Cheah Boon Huat, Mercury Securities head of corporate finance Eric Chong Soo Keng Sitting: CBH managing director Cheah Boon Hwa (left), Mercury Securities managing director Chew Sing Guan

KUALA LUMPUR: ACE Market-bound CBH Engineering Holding Bhd has entered into an underwriting agreement with Mercury Securities Sdn Bhd for its upcoming initial public offering (IPO).

CBH’s IPO consists of 486.1 million ordinary shares, which includes a public issue of 298 million IPO Shares and an offer for sale of 188.1 million IPO Shares.