Ivory Properties to list on July 28

PENANG-based Ivory Properties Group Bhd, which postponed its listing in May, is now expected to float is shares on July 28.

In a statement to Bursa Malaysia yesterday, the company said balloting of share applications will be carried out on July 21.

AmInvestment Bank is the managing underwriter for the firm’s initial public offering, which will raise RM45 million in proceeds.

By Business Times