Lim Seong Hai launches ACE Market IPO prospectus, seeks to raise up to RM168m
The IPO, priced at 88 sen per share, comprises 132 million new shares and an offer for sale of 59 million existing shares, according to the prospectus released on Friday.
The IPO, priced at 88 sen per share, comprises 132 million new shares and an offer for sale of 59 million existing shares, according to the prospectus released on Friday.
On the property development segment, Kerjaya said development projects have contributed positively to the group's results.
The scope of work includes the construction of five reinstated stations along the LRT3 line, the construction of two electric vehicle bus depots in Shah Alam and Johan Setia, the supply of light rail vehicles as well as construction-related infrastructure and system works.
CIDB Malaysia chairman Yusuf Abd Wahab said that the ICW and BuildXpo 2025 will unite industry leaders to explore cutting-edge solutions and strengthen regional ties while expanding opportunities for Malaysian construction firms to compete and thrive in global and emerging markets.
As of Dec 31, the group's outstanding order book was RM1.
All projects will integrate Building Information Modeling as part of the National Construction Policy 2030, aimed at improving efficiency, asset management, and cost control.
The project is expected to commence on February 24, with completion on September 25.
The approval from Bursa Malaysia comes at a time when “we are ready to take advantage of the vast development opportunities in Malaysia’s construction industry especially in Sarawak”, the construction firm said in a statement.
KSSC is a one-stop manufacturer and trader for a wide range of stainless steel industrial hardware including tubes, pipes, sheets, flat bar, fasteners and marine hardware such as polypropylene ropes and propellers.
The petition, filed by Sunrise Model on July 17, 2024, stemmed from a RM1.