KUALA LUMPUR: Aluminium products manufacturer Winstar Capital Bhd, enroute to a listing on Bursa Malaysia’s ACE Market on Dec 19, aims to raise RM19.79mil through its initial public offering (IPO).
The company noted that the IPO is priced at 35 sen per share and involves the issuance of 73.95 million shares, comprising 56.55 million new shares and 17.40 million existing shares offered for sale, representing 25.5% of the company’s enlarged issued share capital of 290 million shares.
