IPO Malaysia

LEAP IPO - Astramina Group Berhad (ASTRA)

kltrader
Publish date: Wed, 18 Dec 2019, 10:06 PM
kltrader
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My collection of new IPOs in Malaysia and the background of companies going for IPO.

 

Listing Detail:
Listing Sought: LEAP Market

Issue Price: RM 0.23


Dates:
Listing date: 3 Dec 2019

 

Number of shares:
Units: 272,163,310

 

Stock Code: ASTRA

 

Company Overview

Astramina Group Bhd principal activity is investment holding. Its subsidiaries SSSB and ASB, are principally involved in the manufacturing and selling of food ingredients, and trading of food ingredients, respectively. The company is incorporated in Malaysia.


Address:

Level 3, Menara Hap Seng
Letter Box 53, Jalan P. Ramlee
50250 Kuala Lumpur.

Tel: +603 2026 7282
Fax: +603 2026 7281
Website: https://www.astramina.com

 

LEAP Market

The LEAP market is an alternative platform for small and medium enterprises (SMEs) to raise capital in an efficient, fast, and transparent marketplace for their business growth.

Additionally, the LEAP market gives them the visibility of being a listed entity and assists these companies in their transformation to better governance and operational standards.

Trading on the LEAP market is limited to sophisticated investors, who are categorised as accredited investors, high net worth entities with total net assets exceeding RM10mil, or high net worth individuals whose net personal assets exceeds RM3mil or gross annual income exceeding RM300,000.

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