Colform to raise RM60.63mil on ACE Market listing, prices IPO at 36 sen

Colform to raise RM60.63mil on ACE Market listing, prices IPO at 36 sen

KUALA LUMPUR: Steel products manufacturer Colform Group Bhd has set its initial public offering (IPO) price at 36 sen per share, aiming to raise up to RM60.63 million in gross proceeds. © New Straits Times Press (M) Bhd

Sabah’s Colform eyes Peninsular Malaysia, Sarawak after ACE Market listing

KUCHING (Jan 15): East Malaysian steel and building material specialist, Colform Group Berhad (Colform), has its eyes set on Peninsular Malaysia and Sarawak for its products, especially colour-coated coils. This was among the highlights of its prospectus launch on Wednesday in conjunction with its proposed Initial Public Offering (IPO) on the ACE Market of Bursa Malaysia Securities Berhad. “We are setting up a colour-coated coil production line …