ACE Market-bound Vanzo Holdings aims to raise RM14mil from IPO

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The story "ACE Market-bound Vanzo Holdings aims to raise RM14mil from IPO" was covered 6 hours ago by The Star, a news publisher based in Malaysia.

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The Star 6h ago

ACE Market-bound Vanzo Holdings aims to raise RM14mil from IPO - The Star

Quick Summary:

KUALA LUMPUR: Vanzo Holdings Bhd aims to raise RM14 million through its initial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia on Dec 17, 2024.

"For now, we are targeting four states, Sabah, Johor Bahru, Pulau Pinang and somewhere in the Klang Valley.

But we do not have any specific location," he said at the launch of the company’s prospectus here today, adding that Vanzo aims to produce one new scent annually.