Aluminium profiles manufacturer Winstar Capital Bhd moves towards IPO with TA Securities
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Update time : 2024-11-12 15:20:22
The Malaysia-based Winstar Capital Bhd, a manufacturer of aluminium products, has signed an underwriting agreement with TA Securities Holdings Bhd for its upcoming initial public offering (IPO) on the ACE Market.
According to a company statement, TA Securities will underwrite 30.45 million new shares that have been allocated to the Malaysian public and eligible individuals. Winstar, which is supported by the publicly traded renewable energy firm Sunview Group Bhd, aims to complete its listing by the end of 2024.