buyappleacc.com is a reputed website selling apple developer account, providing us, China and worldwide developer individual accounts for sale. It's at low price and good quality. Always provides satisfying services!

HomeSocialtext

apple developer enterprise account for rent:Tuju Setia set to be first Main Market IPO this year

admin2021-04-0879

buy apple developer account

if you want to buy apple account, choose buyappleacc.com, buyappleacc.com is a best provider within bussiness for more than 3 years. choose us, you will never regret. we provied worldwide apple developer account for sale.

,In a statement, the construction services company said its IPO exercise entails a public issue of 80 million new shares and an offer for sale of 27 million existing shares.

PETALING JAYA: Tuju Setia Bhd has signed an underwriting agreement with Alliance Investment Bank Bhd (AIBB) and CIMB Investment Bank Bhd (CIMB IB), paving the way to potentially become the first Main Market initial public offering (IPO) on Bursa Malaysia this year.

In a statement, the construction services company said its IPO exercise entails a public issue of 80 million new shares and an offer for sale of 27 million existing shares.

Of the 80 million new shares, 15.9 million shares will be made available for application by the Malaysian public via balloting, while 6.3 million shares will be made available for application by the group’s eligible directors, employees and persons who have contributed to the success of Tuju Setia.

Meanwhile, 31.7 million shares will be made available by way of private placement to selected bumiputra investors approved by the International Trade and Industry Ministry.

The balance 26.1 million new shares, together with 27 million existing offer-for-sale shares, will be placed out to selected investors by way of private placement.

AIBB is the principal adviser for Tuju Setia’s IPO exercise, as well as joint underwriter and joint placement agent, together with CIMB IB.

Barring unforeseen circumstances, Tuju Setia is slated to list on the Main Market in the second quarter of 2021.

In the same statement, Tuju Setia managing director Wee Eng Kong said having both reputable investment banks such as AIBB and CIMB IB to be the group’s joint underwriters and placement agents demonstrated their confidence in the company.

“Since our commencement in 2006, we have not only successfully completed a diverse range of non-residential, residential and institutional buildings but also built a prominent clientele.

“Therefore, this listing is a natural progression for us to grow the business, as it will aid in our efforts to strengthen our construction capabilities with the new funds raised and improve our market positioning to capture opportunities in the construction of public and private projects including hospitals and high-rise buildings.”

Wee said the group aimed to secure more hospital and high-rise building projects, leveraging on its current undertakings.

Tuju Setia’s ongoing non-residential projects include Mutiara Central Office Suites (Cheras), Kajang Women and Children Hospital, Riana Dutamas – Phase 2 (Segambut) and The Pulse Residence (Bandar Puteri Puchong). Its ongoing residential projects are PPAM Sofiya Residensi (Desa ParkCity), Emerald Hills – Phase 3 and 4 (Cheras) and TUAI Residence (Setia Alam).


转载说明:本文转载自Sunbet。

Reviews

Popular tags