Verdant Solar eyes ACE Market listing


PETALING JAYA: Verdant Solar Holdings Bhd is eyeing a listing on the ACE Market of Bursa Malaysia.

The company is principally involved in the provision of engineering, procurement, construction and commissioning services for solar photovoltaic systems, operations and maintenance services for solar photovoltaic systems and trading of solar products.

In its prospectus exposure, released yesterday, the company said its initial public offering will entail the public issue of 142 million new ordinary shares.

Of this, 40.88 million new shares will be made available for application by the Malaysian public; while 25 million shares will be available for application by the eligible directors, employees and persons who have contributed to the success of the company.

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

Next In Business News

Pos Malaysia narrows 1Q loss on improved postal and aviation contributions
WCT unit bags RM152.68mil construction job in Taiwan
TNB launches Malaysia's first battery energy storage system connected to national grid
GX Bank, CGC Digital to offer credit access up to RM150,0000 to MSMEs
Shell Malaysia to expand its Westport fuels terminal
Bursa Malaysia stays lower at midday following lack of progress at Trump-Xi summit
L&G launches Damansara Laverra development with RM752mil GDV
Censof unit to develop Islamic accounting system for FT Islamic council
Affin Bank records higher 1Q net profit of RM135.5mil
Local institutions extend buying streak on Bursa Malaysia

Others Also Read