SkyWorld Development targets RM166.4mil in proceeds from IPO

KUALA LUMPUR: Main Market-bound SkyWorld Development Bhd aims to raise about RM166.4mil in proceeds from its initial public offering (IPO), the bulk of which would go towards business expansion. In conjunction with the launch of its IPO prospectus, the urban property developer said it will make a public issue of 208 million new shares and […]

Cloudpoint Tech aims to raise RM40.4mil from IPO

KUALA LUMPUR: Cloudpoint Technology Bhd, scheduled to make its debut on the ACE Market of Bursa Malaysia on May 29, 2023, plans to raise RM40.4mil from its initial public offering (IPO) to fund its expansion plans. The IT solutions provider said at the launch of its IPO prospectus it will utilise the proceeds to scale […]