Chemlite to raise RM30mil from listing


PETALING JAYA: ACE Market-bound Chemlite Innovation Bhd aims to raise RM30mil through its initial public offering (IPO).

In a statement, the engineering support services provider said that its IPO entailed a public issue of 120 million new shares at 25 sen per share, along with an offer for the sale of 60 million existing shares.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read