Insights Analytics eyes ACE Market IPO


PETALING JAYA: Technology solutions provider Insights Analytics Bhd plans to list on the ACE Market of Bursa Malaysia.

The company’s’ initial public offering (IPO) will involve the public issuance of 121 million new shares, representing 22% of its enlarged share capital upon listing, along with an offer for sale of 27.5 million existing shares.

The group specialises in water technology solutions for water management across the utility supply chain, from treatment to distribution, primarily in Sarawak.

M&A Securities Sdn Bhd is the principal adviser, sponsor, underwriter and placement agent for the exercise.

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