KUALA LUMPUR: Eco-Shop Marketing Bhd
is expecting to raise RM419.87mil from the public issue of 347 million new shares, en route to its listing on the Main Market of Bursa Malaysia.
The dollar store retailer, in conjunction with the launch of its initial public offering (IPO) prospectus, unveiled plans to allocate RM56.27mil (13.4%) of the IPO proceeds to the expansion of its retail footprint nationwide, and another RM200mil (47.6%) to expand its distribution centres.
