PETALING JAYA: SPB Development Bhd has received approval from the Securities Commission Malaysia for its listing on the Main Market of Bursa Malaysia Securities Bhd.
In conjunction with its listing, the property development firm said it will undertake an initial public offering (IPO) of 278.40 million ordinary shares comprising a public issue of 191.1 million new ordinary shares and an offer for sale of 87.3 million existing ordinary shares.
