KUALA LUMPUR: Farm Fresh Bhd has signed an underwriting agreement along with its itemizing on the Main Market of Bursa Malaysia, anticipated for the primary quarter of this 12 months.
In a statment, the dairy producer mentioned it had signed the agreement with CIMB Investment Bank Bhd, Maybank Investment Bank Bhd, Affin Hwang Investment Bank Bhd, AmInvestment Bank Bhd, Hong Leong Investment Bank Bhd and RHB Investment Bank Bhd.
“In the span of 12 years, we’ve grown into one of many nation’s main dairy producers regardless of stiff competitors from different manufacturers.
“This underwriting ceremony takes us one step nearer to our proposed debut on the Main Market of Bursa Securities,” mentioned Farm Fresh group managing director and CEO Loi Tuan Ee.
The IPO will comprise a suggestion of sale of as much as 520.2 million present shares and a public problem of 223 million new shares.
