Seng Fong Holdings Berhad Signs Underwriting Agreement with Hong Leong Investment Bank – QNT Press Release




Company’s IPO involves up to 160.87 million shares or up to 31.0% of enlarged number of issued shares for a listing on the Main Market

KUALA LUMPUR, May 26, 2022 – (ACN Newswire) – Seng Fong Holdings Berhad, a rubber processor producing and trading Standard Malaysia Rubber (SMR) and premium grade block rubber, is pleased to announce that the Company has entered into an underwriting agreement with Hong Leong Investment Bank Berhad (HLIB) for its upcoming initial public offering (IPO) on the Main Market of Bursa Malaysia Securities Berhad.


Group Managing Director/Chief Executive Officer of HLIB, Ms. Lee Jim Leng; and Managing Director of Seng Fong, Mr. Er Hock Lai [L-R]



According to Seng Fong’s draft prospectus posted on the Securities Commission Malaysia website, the listing exercise involves the IPO of up to 160.87 million ordinary shares or up to 31.0% of the Company’s enlarged number of issued shares comprising a public issue of 90.81 million shares and an …

Full story available on Benzinga.com



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