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Johor-based 5E Resources to raise S$10m in Catalist listing

Yong Jun Yuan

Yong Jun Yuan

Published Fri, Apr 29, 2022 · 08:16 PM
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5E Resources, a waste management services provider in Malaysia, is seeking to raise S$10 million in an initial public offering (IPO) on the Catalist board of the Singapore Exchange.

The company is looking to sell 38.5 million shares at S$0.26 apiece, comprising 2 million offer shares and 36.5 million placement shares.

The sale shares will represent 26.1 per cent of 5E Resources’ enlarged …

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