Pantech seeks Main Market listing for subsidiaries via SPV

[ KUALA LUMPUR: Pantech Group Holdings Bhd is considering listing Pantech Stainless & Alloy Industries Sdn Bhd and Pantech Steel Industries Sdn Bhd on the Main Market of Bursa Malaysia via a special purpose vehicle (SPV). “The board wishes to highlight that the proposed listing is still in its preliminarily stage, where extensive preparatory work … Read more

Bursa Malaysia welcomes first business trust listing

[ KUALA LUMPUR: Bursa Malaysia Bhd welcomed the listing of Business Trusts (BT), an alternative listing structure that facilitates capital raising by listed entities seeking an initial public offering (IPO) on Bursa Malaysia. This was demonstrated by the debut listing of Prolintas Infra BT, marking the first BT listed on the exchange’s Main Market, and … Read more

Prolintas seeks to raise RM445.3mil from listing of highway business trust

[ KUALA LUMPUR: Highway operator Projek Lintasan Kota Holdings Sdn Bhd (Prolintas) aims to raise RM445.3 million via the initial public offering (IPO) of its highway business trust Prolintas Infra Business Trust (Prolintas Infra BT). Prolintas Infra BT, which is en route to a listing on Bursa Malaysia’s Main Market on March 25, 2024, will … Read more

Jati Tinggi makes its debut at 30.5 sen on ACE Market

[ KUALA LUMPUR: Jati Tinggi Group Bhd made its debut on the ACE Market of Bursa Malaysia at 30.5 sen, a 13% premium over its initial public offering (IPO) price of 27 sen a share. As at 10.40am, the trading stock of the infrastructure utilities engineering company was up five sen or 18.52% to 32 … Read more

Critical Holdings surges on ACE market debut

[ KUALA LUMPUR: The trading stock of Critical Holdings Bhd surged at the start of trading following its debut on the ACE Market of Bursa Malaysia. The engineering solutions and maintenance services provider saw its share price jump 15 sen or 42.86% over its initial public offering (IPO) price of 35 sen a share to … Read more