PETALING JAYA: SKA Capital Bhd is eyeing a listing on the ACE Market of Bursa Malaysia.
The company is principally involved in the provision of power infrastructure engineering solutions.
In its prospectus exposure, the company said its initial public offering (IPO) will entail the public issue of 168.08 million new ordinary shares.
TA Securities Holdings Bhd is the sponsor for the IPO.
The company said proceeds will be utilised for the purchase of machinery and equipment, performance bond for future projects, working capital and listing expenses.
