From left: Andy Tiow See Yen, group executive director of WTEC Group; Tan Kok Kheng, group managing director; Rizal IL-Ehzan Fadil Azim, CEO of Alliance Islamic Bank; Teoh Chu Lin, group chief corporate and institutional banking officer of Alliance Bank Malaysia; and Tee Kok Wah, head/senior vice-president, corporate finance, Islamic capital markets of Alliance Islamic Bank
KUALA LUMPUR: Manufacturer and trader of foam and non-foam products, WTEC Group Bhd
has signed an underwriting agreement with Alliance Islamic Bank Bhd (AIS) for its initial public offering (IPO) in conjunction with its listing on the ACE Market of Bursa Malaysia.
The group is scheduled to be listed next month with AIS as the principal adviser, sponsor, sole underwriter and placement agent for the IPO exercise.
