Spread the news

KUALA LUMPUR: Renewable energy (RE) company Sunview Group Bhd, which is en route for a listing on the ACE Market of Bursa Malaysia on Oct 17, expects to raise RM34.22 million from its initial public offering (IPO).

This will be done via the issuance of 118 million new shares, representing 25.21 per cent of the enlarged issued shares of Sunview, at an issue price of 29 sen per share.

The company is mainly involved in engineering, procurement, construction, and commissioning (EPCC) as well as construction and installation services of solar photovoltaic (PV) facilities, solar power generation, and supply.

The group’s chief executive officer Ong Hang Ping said the group plans to leverage on its track record to secure new contracts to boost its order book in the solar PV business and expand the solar power generation and supply business to build a strong recurring income stream.


Click to rate this post!
[Total: 0 Average: 0]

Spread the news


Have you always desired a smooth online shopping experience. Do you have dreams of putting your goods out on platforms where you can get customers all over Nigeria. Then MelodyBiz Store is the right place for you. We offer competitive prices on goods and services and you can be rest assured to get what you ordered in the stipulated time. Log-on to MelodyBiz and experience a different dynamics of shopping
Previous articleYou Cheated, I Cheated Too Lyrics by CKay | Official Lyrics
Next articleAmotekun and ‘quasi-security outfits’ won’t be engaged for 2023 polls – IGP


Please enter your comment!
Please enter your name here