PETALING JAYA: Cape EMS Bhd
, en route to a listing on the Main Market of Bursa Malaysia, has inked an underwriting agreement with Hong Leong Investment Bank Bhd (HLIB) and AmInvestment Bank Bhd.
The electronics manufacturing services provider’s initial public offering will comprise 259.7 million shares, with a public issue of 173 million new shares and an offer for sale of 86.7 million existing shares.
HLIB and AmInvestment Bank would underwrite 54.2 million new shares, representing 5.8% of the enlarged issued share capital, made available to the public and Cape EMS’s eligible directors and employees as well as other eligible persons, the company said in a statement yesterday.
Cape EMS is expected to be listed in the first quarter of the year.
