Alternative route: Eco World International Bhd (EWI) executive vice-chairman Tan Sri Liew Kee Sin (left) and EWI president and CEO Datuk Teow Leong Seng briefing reporters at a press conference in Petaling Jaya yesterday on its withdrawal of application on its listing as a SPAC and instead pursuing an alternative listing route.
PETALING JAYA: Eco World International Bhd
(EWI) withdrew its application today which was submitted last October to be listed as a special-purpose acquisition company (SPAC), said its executive vice-chairman Tan Sri Liew Kee Sin.
Liew told a press conference that EWI would instead pursue an alternative listing route “in a couple of months” by submitting an application to the authorities for an initial public offering (IPO) and listing of its shares on the Main Market of Bursa Malaysia based on the market capitalisation route of at least RM500mil.
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