PETALING JAYA: Mechanical and electrical (M&E) engineering services provider, West River Bhd
, has signed an underwriting agreement with M & A Securities Sdn Bhd for its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia.
In a statement, West River said its listing exercise will involve a public issue of 71.54 million new shares, representing 20% of its enlarged share capital of 357.70 million shares, alongside an offer for sale of 35.77 million existing shares, representing 10% of the enlarged share capital.
