Manforce Group Berhad is well on its way to being listed on the Leading Entrepreneur Accelerator Platform (LEAP) Market, following a ceremony today to mark the launch of the Information Memorandum for its Initial Public Offering exercise (IPO).
The IPO entails a proposed placement of 47,997,400 ordinary shares at an indicative issue price of RM0.18/placement share.
Ajiya Berhad, registered a profit after tax (PAT) of RM16.8 million in the third quarter ended 31 August 2018 (3QFY2018), which is 14 times higher than the RM1.2 million achieved a year ago.
Ajiya’s revenue also improved by 4 per cent to RM96.2 million, as compared to RM92.2 million in the corresponding period last year.
Securemetric Berhad has moved one step closer to becoming a public listed entity with the launch of its prospectus in conjunction with the Company’s listing on the ACE Market of Bursa Malaysia Securities Berhad. Retail offering of 17 million shares for the Malaysian public closes on 30th October 2018 and the Company is slated for listing on 13th November 2018.
Securemetric and its subsidiaries offer digital security products and solutions mainly across South East Asia, namely Malaysia, Vietnam, The Philippines, Indonesia, and Singapore.