PETALING JAYA: A1 A.K. Koh Group Bhd
is seeking to list on the ACE Market of Bursa Malaysia.
The company is involved in the manufacturing, marketing, supply and distribution of processed food and beverage (F&B) products under its in-house brands and third-party brands.
It also deals with contract manufacturing and sourcing services of processed F&B products to third-party brand owners. According to the company’s prospectus, its initial public offering (IPO) will consist of 109.2 million new ordinary shares.
Of this, 42 million shares will be made available for the Malaysian public, 8.4 million will be for application by the eligible directors and employees of A1 A.K. Koh Group as well as persons who have contributed to the success of the group.
The remaining 58.8 million shares will be made available by way of private placement to institutional and selected investors.
