From left: M&A Securities Sdn Bhd head of corporate finance Gary Ting, Sarawak Deputy Premier Datuk Amar Professor Dr Sim Kui Hian, Insights Analytics Bhd chairman Datuk Abdul Wahab Aziz, Sarawak Premier Tan Sri Abang Abdul Rahman Zohari Tun Abang Openg, Insights Analytics managing director Frank Wee, M&A Equity Holdings Bhd managing director Datuk Bill Tan and Insights Analytics executive director Bong Joon Fook.
PETALING JAYA: Sarawak-based technology solutions provider Insights Analytics Bhd
expects to raise RM43.6mil under its listing exercise on the ACE Market of Bursa Malaysia Securities Bhd.
In a statement, the company said it plans to use RM22.2mil (50.9%) of the proceeds raised from the initial public offering (IPO) to support working capital for ongoing and upcoming projects, particularly in the smart water management sector and Sarawak’s broader smart city development initiatives.
