Eco World International Bhd (EWI) withdrew its application today which was submitted last October to be listed as a special-purpose acquisition company (SPAC), said its executive vice-chairman Tan Sri Liew Kee Sin.
Liew told a press conference that EWI would instead pursue an alternative listing route “in a couple of months” by submitting an application to the authorities for an initial public offering (IPO) and listing of its shares on the Main Market of Bursa Malaysia based on the market capitalisation route of at least RM500mil.
It will work in consultation with the Securities Commission (SC), merchant bankers and other relevant authorities towards this end.
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Liew told a press conference that EWI would instead pursue an alternative listing route “in a couple of months” by submitting an application to the authorities for an initial public offering (IPO) and listing of its shares on the Main Market of Bursa Malaysia based on the market capitalisation route of at least RM500mil.
It will work in consultation with the Securities Commission (SC), merchant bankers and other relevant authorities towards this end.
Click Here To Register For Free Trial Services OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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