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ECA Integrated Solution Bhd aims to raise RM25.5 million via an initial public offering (IPO) exercise to fund working capital requirements and the acquisition of machinery.
KUALA LUMPUR: Automated manufacturing solutions provider ECA Integrated Solution Bhd, en route for a listing on Bursa Malaysia’s ACE Market on Nov 23, 2022, expects to raise RM25.5 million from its initial public offering (IPO).
Automated manufacturing solutions provider ECA Integrated Solution Bhd has inked an underwriting agreement with UOB Kay Hian Securities (M) Sdn Bhd in conjunction with its initial public offering on the ACE Market of Bursa Malaysia Securities.