KUALA LUMPUR: Public Investment Bank (PublicInvest) has assigned a fair value of RM1.00 to Northern Solar Holdings Bhd, which represents a 58.73% premium over its initial public offering (IPO) price of 63 sen per share.
The solar renewable energy specialist is set to list on the ACE Market of Bursa Malaysia on February 6, aiming to raise RM42.4il from the IPO.
