Ecoscience to raise nearly RM25mil from IPO
12 days ago
KUALA LUMPUR: Integrated palm oil milling services provider Ecoscience International Bhd aims to raise RM24.7 million from its initial public offering (IPO). The company launched its prospectus in conjunction with its IPO on the ACE Market of Bursa Malaysia earlier today. Managing director Wong Choi Ong said from the RM24.7 million, the company would allocate RM5.0 million for the incorporation of a wholly-owned subsidiary in Indonesia.