KUALA LUMPUR: Bursa Malaysia Securities Bhd has approved the listing of food product distributor and retailer Guan Huat Seng Holdings Bhd (GHS Holdings) on the ACE Market.
The company, which also makes flavouring products, said its initial public offering (IPO) will comprise a public issue of 120 million new ordinary shares, representing 25.34 per cent of the enlarged issued share capital of 473.5 million shares, and an offer for sale of 21 million existing shares, representing 4.44 per cent of the enlarged issued share capital of 473.50 million shares.
