Northeast aims to raise RM84.5mil from ACE Market IPO

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GEORGE TOWN: Northeast Group Bhd aims to raise about RM84.5 million from its initial public offering (IPO) ahead of its ACE Market listing on October 15.

Northeast aims to raise RM84.

The precision engineering components manufacturer is issuing 168.99 million new shares at an IPO price of 50 per share.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: IPO Penang Prospectus Corporate News Northeast Group /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-26 @ 20:08:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 413 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 26 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 22724367

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 40 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 hours ago

Coverage Areas: Malaysia

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News Language: English

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Publisher ID: #22

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