PETALING JAYA: Solid-liquid filtration solutions provider Pan Merchant Bhd
will proceed with its initial public offering (IPO) and ACE Market debut on June 26, 2025, following cautious market reception and moderate subscription levels.
In a statement, the group said it had received a total of 1,107 applications for 16.9 million shares, with a total value of RM4.6mil, versus the 45.8 million shares that were made available for application by the Malaysian public.
