HSS Holdings inches closer to market debut

From left: Goh Chen Ann, Executive Director of HSS Holdings; Goh Chen Chang, Managing Director; Datuk Bill Tan, Executive Director of M & A Securities; and Gary Ting, Head, Corporate Finance

PETALING JAYA: HSS Holdings Bhd has entered into an underwriting agreement with M & A Securities Sdn Bhd in preparation for its initial public offering (IPO) on the ACE Market of Bursa Malaysia.

In a statement, the bakery products company said its IPO comprises a public issue of 75 million new shares and an offer for sale of 52.5 million existing shares.