Golden Destinations signs underwriting deal for ACE Market IPO

Golden Destinations Group Bhd managing director Mita Lim (left) and UOB Kay Hian (M) Sdn Bhd executive director David Lim (right).

KUALA LUMPUR: Golden Destinations Group Bhd has signed an underwriting agreement with UOB Kay Hian (M) Sdn Bhd (UOBKH) in conjunction with its proposed initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd (Bursa Securities).

Golden Destinations curates travel packages under its flagship Golden Destinations (GD) brand and operates mainly in the B2B segment, serving a network of travel agents.