Colform inks underwriting deal with Mercury Securities

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KUALA LUMPUR: East Malaysian steel and building material specialist Colform Group Bhd has entered into an underwriting agreement with Mercury Securities Sdn Bhd for its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia.

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The IPO involves the issuance of 114.42 million new shares and an offer for sale of 54 million shares.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Underwriting Corporate News Listing /Business/Business News Steel Mercury Securities Colform IPO ACE Market

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-06 @ 13:25:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 171 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 29 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 24161628

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 2 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 21 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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