Well Chip optimistic of sustaining growth rate

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The story "Well Chip optimistic of sustaining growth rate" was covered 5 days ago by The Star, a news publisher based in Malaysia.

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The Star 5d ago

Well Chip optimistic of sustaining growth rate - The Star

Quick Summary:

Main Market-bound Well Chip Group Bhd is confident gold prices will continue to rise or remain the same in the current inflationary environment and heightened geopolitical concerns.

Kenanga Investment Bank Bhd is the principal adviser, managing underwriter, joint underwriter and joint placement agent; and CGS-International Securities Malaysia Sdn Bhd is the joint underwriter and joint placement agent for this IPO exercise.

The Johor-based pawnbroker is slated to go public with a market capitalisation of RM690mil based on an IPO reference price of RM1.15 by making available 150 million new shares for purchase.