ACE Market-bound Saliran eyes RM21.71mil from IPO


From left: Saliran Group chief operation officer Gavin Lim Bak Teik, Malacca Securities vice-president of corporate finance Tan Sin Jiang, coporate finance co-head Jason Chan, managing director Lim Chia Wei, Saliran Group managing director Dennis Liaw Choon Wei, independent non-executive chairperson Datuk Josephine Low Suet Moi, executive director William Chan Koon Wai and chief financial officer Francis Yong Wai Kin

KUALA LUMPUR: ACE Market-bound oil and gas (O&G) pipe supplier Saliran Group Bhd aims to raise RM21.71 million through its initial public offering (IPO).

According to the prospectus, the IPO is priced at 27 sen per share, and the listing is scheduled for March 13, 2025.

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