EVD Berhad has successfully listed on the ACE Market of Bursa Malaysia Securities Berhad by assuming the listing status of iDimension Consolidated Berhad upon completion of the regularisation plan of ICB.
All the shares, warrants, and redeemable convertible preference shares of EVD officially commenced trading under the stock short name of “EVD”, “EVD-WB” and “EVD-PA” and stock code of “0174”, “0174WB” and “0174PA” at the opening of trading at 9.00 a.m. this morning.
The Company is an investment holding company. Through its wholly-owned subsidiaries, namely, EV-Dynamic Sdn. Bhd. and EVD Engineering Sdn. Bhd., EVD is principally involved in the provision of information and communications technology system solutions focusing primarily on the transportation system solutions.
Through the regularisation plan of ICB, which involves, amongst others, a shares consolidation, a private placement, a rights issue, a management buy-out, acquisitions of EV-Dynamic and EVE, securities exchange, and transfer of listing status, EVD eventually assumed the listing status of ICB.