In a statement, group managing director Datuk Goh Kang Beng said part of the proceeds raised will be channelled towards the acquisition of land bank in the Klang Valley.
PETALING JAYA: BV Land Holdings Bhd
, which will make its debut on Bursa Malaysia’s Leading Entrepreneur Accelerator Platform (Leap) today, plans to raise RM2.58mil from its initial public offering (IPO).
With an offer price of 19 sen per share, the property developer and contractor’s IPO entails the issuance of 13.57 million new ordinary shares, representing 10% of the group’s enlarged share capital of 135.60 million shares.
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