Engineering company Samaiden to issue 61.15m new shares under IPO


Group CEO of Alliance Bank Malaysia, Joel Kornreich group managing director of Samaiden Group Bhd, Chow Pui Hee at the underwriting agreement ceremony on Monday, Sept 7, 2020.

KUALA LUMPUR: Engineering company Samaiden Group Bhd plans to issue 61.15 million new shares as it seeks to list on the ACE Market of Bursa Malaysia.

It had on Monday signed an underwriting agreement with Alliance Investment Bank Bhd (AIBB), the principal adviser, sponsor, sole underwriter and placement agent for Samaiden.

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