OGM eyes ACE Market listing


PETALING JAYA: One Gasmaster Holdings Bhd (OGM) is seeking a listing on the ACE Market of Bursa Malaysia.

OGM is principally involved in environmental monitoring, gas detection and gas piping and industrial hygiene services, and maintenance and calibration services as well as trading of instruments, parts and components.

In its prospectus exposure, the company said its initial public offering will entail the public issue of 77.5 million new ordinary shares.

Of this, 15.5 million new shares will be made available for the public, 3.1 million shares will be for eligible directors, employees and persons who have contributed to the success of the group, and 58.9 million shares will go to selected investors.

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