Agricore gets Bursa nod to list on ACE Market

TheStar Thu, Apr 25, 2024 11:09am - 1 year View Original


Oon Boon Khong, managing director of Agricore CS Holdings

KUALA LUMPUR: Agricore CS Holdings Bhd has received approval from Bursa Malaysia to list on the ACE Market.

In a statement, the food ingredients supplier said the initial public offering entails the issuance of 51.7 million new shares, representing 25.5% of the enlarged share capital upon listing.

Of the new shares, 10.1 million new shares will be available to the Malaysian public via balloting and 10.1 million new shares will go to its eligible directors, employees and persons who have contributed to the success of Agricore Group under pink form allocations.

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