The Edge Malaysia·3 min read·medium
Bakery chain RT Pastry taking orders for IPO shares at 18 sen apiece
✦AI Summary
Malaysian bakery chain RT Pastry is launching an IPO on the ACE Market to raise RM16.5 million. The funds will be used to expand its retail footprint and upgrade production equipment.
Why it matters
Provides insight into the growth strategy of regional food and beverage companies seeking public capital for expansion.
BURSA SGX Home IPO KUALA LUMPUR (June 5): RT Pastry Holdings Bhd, which runs a chain of eponymous bakeries, on Friday began taking orders from investors for its ACE Market listing at 18 sen per share.
businesseconomyfood
Political Bias
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Confidence: 95%
Purely factual financial reporting on a corporate IPO.
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