3REN unveiled (IPO prospectus for its listing on ACE Market next month

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Aimie Shazrie News

Business Business Latest News,Business Business Headlines

KUALA LUMPUR: 3REN Bhd, an automation solutions and engineering services provider, has unveiled its initial public offering (IPO) prospectus for its l...

Koh and 3REN head of finance Yeap Siew Wen at a press conference in conjunction with the prospectus launch.3REN Bhd, an automation solutions and engineering services provider, has unveiled its initial public offering prospectus for its listing on the ACE Market of Bursa Malaysia Securities, slated for Nov 6.

Business expansion consists of setting up delivery centres , research and development expenditure , establishment of a Singapore office and working capital .3REN executive director and CEO Koh Dim Kuan said that as they look towards the horizon, they see potential for growth. The global semiconductor industry is set to continue expanding well into the next decade, driven by emerging technologies such as artificial intelligence, 5G adoption, and the Internet of Things.

Regarding Budget 2025, Koh said the company hopes the government will address the talent shortage faced by the industry. “The talent issue has been highlighted very well to him, and he is aware of the challenges. So we believe that issue will be addressed according to the upcoming budget. We are very excited and looking forward to hearing the announcement,“ Koh said in a press conference at the event.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ACE Market-bound OB Holdings aims to raise RM28.8mil from IPOA former Indiana deputy is accused of using a fake Facebook profile to harass a woman and to try to sabotage her relationship with her boyfriend, officials told news outlets.
Source: staronline - 🏆 4. / 75 Read more »

ACE Market-bound KHPT Holdings focuses on delivering consistent earnings growth, dividend payoutsKUALA LUMPUR: En route to being listed on the ACE Market of Bursa Malaysia Securities, KHPT Holdings Bhd is focused on maintaining consistent earnings...
Source: theSundaily - 🏆 25. / 51 Read more »

ACE Market-bound Crest Group in expansion mode, upbeat on tech sector growthKUALA LUMPUR: Crest Group Bhd, which is en route to a listing on the ACE Market of Bursa Malaysia Securities, is optimistic about the growth of the se...
Source: theSundaily - 🏆 25. / 51 Read more »

Singapore’s dismal IPO market has companies eyeing MalaysiaSEOUL: South Korea's prosecution is facing a dilemma over the high-profile luxury Dior bag case involving first lady Kim Keon Hee, as the investigation review committee for the nation's top prosecution body gave the upper hand to the pastor who wishes to be indicted in the graft case in hopes of bringing the first lady to the court.
Source: staronline - 🏆 4. / 75 Read more »

99 Speedmart CEO Lee Thiam Wah Becomes Billionaire as His Mini Market Empire Goes Public TodayThe stock market for the Malaysian mini market, 99 Speedmart opened this morning at RM1.85, 12.12% more than its initial public offering (IPO) price.
Source: WORLDOFBUZZ - 🏆 19. / 53 Read more »