PETALING JAYA: SRKK AI Bhd is eyeing a listing on the ACE Market of Bursa Malaysia.
The company is principally involved in the provision of digital transformation solutions.
In its prospectus exposure, the company said its initial public offering (IPO) will entail the public issue of 64 million new ordinary shares.
TA Securities Holdings Bhd is the sponsor of the company’s IPO.
The company said proceeds from the IPO will be used for the setting-up and launching of artificial intelligence (AI) labs and an AI academy as well as developing AI-enabled data analytics software solutions.
SRKK also said part of the proceeds will be used for geographical expansion by setting-up an information technology advisory and consulting office in Jakarta, Indonesia.
