KUALA LUMPUR, June 14 — HSS Holdings Berhad has launched its prospectus in conjunction with its upcoming listing on the ACE Market of Bursa Malaysia Securities Berhad.
The IPO comprises 75 million new shares and 52.5 million existing shares, with the public issue expected to raise RM13.5 million at an IPO price of RM0.18 per share.
Managing director Goh Chen Chang said the proceeds will be used to upgrade manufacturing facilities, repay borrowings and support working capital.
With more than 20 years in the bakery industry and over 6,000 products under brands including SINAR®, HSS plans to strengthen production capacity through automation and new production lines to support future growth.
