Bakery Aims To Raise RM16.4 Million As IPO Momentum Gains On Bursa

RT Pastry Holdings Berhad a prominent Malaysian bakery group, today officially launched its Prospectus in conjunction with its upcoming Initial Public Offering and listing on the ACE Market of Bursa Malaysia Securities Berhad.

Working closely with KAF Investment Bank Berhad as the Principal Adviser, Sponsor, Underwriter, and Placement Agent, the Group aims to raise approximately RM16.48 million through a public issue of 91.54 million new ordinary shares

RT Pastry is set to debut on the ACE Market  with an enlarged issued share capital of 339.04 million shares, representing a market capitalisation of approximately RM61.03 million based on the IPO price of RM0.18 per share. This listing marks a transformative milestone in the Group’s corporate journey, evolving from a beloved local brand into a public-listed entity and offering investors a unique opportunity to participate in the growth of a leading name within Malaysia’s bakery product market.

Latest News

Must read