PETALING JAYA: PACC Offshore Services Holdings Ltd (POSH), an offshore support vessel (OSV) operator owned by Malaysian billionaire Robert Kuok (pic), will raise at least S$388.27mil (RM1.01bil) from its initial public offering (IPO) on the Singapore Exchange next Friday.
The firm said yesterday in its prospectus that the shares were priced at S$1.15 apiece, near the bottom end of an expected range of between S$1.13 and S$1.24.
Already a subscriber? Log in.
Save 30% and win Bosch appliances! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
