Wasco’s green unit aims to list next month

From left: CIMB Investment Bank Bhd chief executive officer, regional head, investment banking Nor Masliza Sulaiman, Wasco Greenergy Bhd non-independent non-executive director Ramanathan P. R. Singaram, Wasco Greenergy Bhd chief executive officer Lee Yee Chong and Maybank Investment Bank Bhd deputy chief executive officer Tengku Ariff Azhar.

KUALA LUMPUR: Wasco Greenergy Bhd (Greenergy) has signed an underwriting agreement with CIMB Investment Bank Bhd and Maybank Investment Bank Bhd for its initial public offering (IPO) on the Main Market of Bursa Malaysia.

Greenergy, the renewable-energy arm of the Wasco Bhd group of companies, is expected to be listed on the Main Market next month.