Sik Cheong seeking ACE Market listing


From left: Sik Cheong executive director Wong Hin Loong, managing director Wong Hing Ngiap, TA Securities executive director Tah Heong Beng and senior manager of corporate finance Abdul Muiz Mustafa.

PETALING JAYA: Refined, bleached, and deodorised (RBD) palm olein oil repackaging firm Sik Cheong Bhd is undertaking an initial public offering (IPO) exercise to list on the ACE Market of Bursa Malaysia.

The group had inked an underwriting agreement with TA Securities Holdings Bhd for 17.3 million new shares made available to the public.

Subscribe now for a chance to win your dream holiday!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Ringgit marginally higher against US$ in early session
Offshore funds drop RM357.7mil net of Malaysian equities
FBM KLCI opens marginally higher as investor sentiment improves
Trading ideas: MAHB, Haily, UEM Sunrise, Betamek, SNS, Sik Cheong, Kucingko, CIMB, Sentoria, Coastal, Cypark, Hiap Teck
Mah Sing jobs at RM2.829bil this year
Nike sales warning leads to slew of downgrades
More money managers are axing oil stocks
Geely reports 56% revenue growth in 1Q
Top US banks hike dividends after passing Fed stress test
Competitiveness ranking: An objective perspective

Others Also Read