Mesdaq
Market-bound INIX Technologies Holdings Bhd expects to raise
about RM10.14 million from its listing exercise for future
expansion in its product capabilities and for research and
development.
The technology
company develops intelligent home systems. The initial public
offering closes on Aug 18 and the listing is tentatively
scheduled for early September.
The listing
exercise involves an offer of 14.49 million 10 sen shares at
70 sen each, comprising a public issue of 2.85 million shares
for application by the public, 4.99 million shares for
selected investors by way of private placement and 6.65
million shares for directors, employees, and business
associates.
Published by the 
group of
companies 
