KUALA LUMPUR: Saliran Group Bhd, a supplier and distributor of pipes, fittings and flanges as well as related parts and accessories, and steel product...
From left: Saliran Group Bhd executive director Chan Koon Wai, Liaw, Malacca Securities Sdn Bhd managing director Lim Chia Wei and co-head of corporate finance Jason Chan.
Established in 2011, Saliran and its subsidiaries have built a reputation for delivering high-quality products such as pipes, fitings and flanges as well as steel products that are primarily used in the oil and gas industry to support industrial processing, refining and manufacturing activities. Saliran also undertakes the manufacturing of custom fittings and flanges, providing tailored solutions to meet specific industry needs.
Under this agreement, Malacca Securities will underwrite 26.8 million issue shares designated for the Malaysian public via public balloting and pink form allocations. The remaining 53.6 million issue shares will be issued to selected bumiputra investors approved by the Ministry of Investment Trade and Industry and selected investors as well as 38.29 million offer shares to be offered to selected investors.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
IWK tambah 30 lori tangki septik tahun iniTambahan lori itu bertujuan memudahkan proses pengosongan tangki septik untuk kurang risiko pencemaran sistem saliran awam.
Read more »
Pantech Global to List on Bursa Malaysia in 2025Pantech Global Berhad has signed a guarantee agreement with Alliance Islamic Bank Berhad (AIS) for its initial public offering (IPO) on the Main Market of Bursa Malaysia Securities Berhad. The IPO will involve the public issuance of 262.23 million new ordinary shares (IPO Shares), representing 30.85% of the enlarged issued share capital of the Company. Pantech Global's listing is scheduled for the first quarter of 2025 with Alliance Islamic Bank acting as Lead Advisor, Guarantor and Placement Agent.
Read more »
RichTech Digital Berhad Launches IPO to Fuel Digital Growth and Market ExpansionRichTech Digital Berhad (RichTech), a Malaysian company specializing in value-added electronics distribution and bill payment services, has launched its prospectus for its Initial Public Offering (IPO) in conjunction with its listing on Bursa Malaysia Securities Berhad's ACE Market. The IPO is expected to raise RM13.67 million through the issuance of 54.66 million new ordinary shares at an IPO price of RM0.25. Proceeds will be strategically allocated to drive digital innovation and market expansion.
Read more »
Securities Commission Malaysia Fines Bybit for Operating Unregistered ExchangeThe Securities Commission Malaysia (SC) has penalized Bybit Technology Ltd and its CEO, Ben Zhou, for operating a digital asset exchange (DAX) in Malaysia without proper registration. The SC has ordered Bybit to cease operations in Malaysia within 14 business days, including disabling its website, mobile applications, and advertising to Malaysian investors. The commission also highlighted the importance of investing only through registered recognized market operators (RMOs) for investor protection.
Read more »
Malacca Johore Diocese News Update #204Christian News,World Christian News,Malaysia Church,Religion Christianity
Read more »
Missing Tyre in Fatal Malacca Crash Not Sent for InspectionPolice confirmed that the tyre that detached from a lorry, causing a fatal crash in December in Malacca, was not sent for checks at the Computerized Vehicle Inspection Center (Puspakom). The tyre was lost during the investigation and its absence made the report to the Malaysian Institute of Road Safety Research (MIROS) incomplete.
Read more »