ACE Market-bound RichTech aims to raise RM13.67mil from IPO


From left: RichTech Digital Bhd substantial shareholder Yau Ming Teck, RichTech executive director Agnes Wong Eei Nien, RichTech managing director Lee Teik Keong, KAF Investment Bank Bhd co-head / director, corporate finance Ahmad Fazlee Aziz, RichTech independent non-executive chairman Wong Koon Wai and KAF Investment Bank director, corporate finance Yap Chin Fatt.

KUALA LUMPUR: Electronic reloads distributor and bill payment service provider RichTech Digital Bhd, which is en route to a listing on Bursa Malaysia’s ACE Market, aims to raise RM13.67 million through its initial public offering (IPO).

The IPO involves the issuance of 54.66 million shares at 25 sen per share, and the listing is scheduled for Feb 17, 2025, according to its prospectus launched today.

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