OB Holdings eyes RM28.8mil from ACE Market IPO

By SYAZWANI HASNIZAM

KUALA LUMPUR: OB Holdings Bhd aims to raise RM28.8mil from its initial public offering (IPO), en route to an ACE Market listing on Oct 29.

The food and beverage (F&B) and supplement manufacturer plans to issue 120 million new ordinary shares at 24 sen a piece. Upon listing, OB Holdings will have a market capitalisation of RM94mil.

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IPO , FoodAndBeverage , SupplementIndustry , OBHoldings , ManufacturingExpansion , ACEListing

   

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