ACE Market-bound Vetece Holdings eyeing international growth

Quick Summary:

Vetece Holdings Bhd will be able to tap into a larger market and achieve higher sales growth once it strengthens operations in Singapore and completes the establishment of its centre of excellence (COE), says chief executive officer Chan Wai Hoong.

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Set to debut on the ACE Market of Bursa Malaysia on Aug 28, 2024, Vetece aims to raise RM24.5mil and achieve a market capitalisation of RM98mil from its IPO.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaSingapore

Topics: IPO ITSolutions Corporate News VeteceHoldings CentreOfExcellence TechInnovation AsiaPacific SingaporeGrowth /Business/Business News MarketExpansion

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-09 @ 00:00:00 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 399 words

Reading Time: 3 minutes read

Sentences: 11 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21992039

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Official Website: thestar.com.my

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