Samaiden Group Bhd, principally involved in the engineering, procurement, construction and commissioning of solar photovoltaic systems and power plants, has obtained approval to list on the ACE Market of Bursa Malaysia Securities.
Another 23.36 million shares will be made available to identified investors, 21 million shares to bumiputra investors and 6.3 million shares to be made available for eligible directors, employees and persons who have contributed to the success of the company. “As such, we are hopeful that our expansion will go hand in hand with the listing, enhancing our financial position and our corporate profile. We are in the renewable energy industry; an industry that is not only exciting, but also one that enables us to make a greener earth,” Chow said in a statement.