IPO to sell 142 million new shares; Malaysian stocks to add solar stocks

IPOで1億4200万株の新株を販売予定。マレーシアの株式に太陽光関連銘柄が追加

KUALA LUMPUR: Rooftop solar panel installer Verdant Solar Holdings Bhd is seeking to list on the ACE Market of Bursa Malaysia to raise funds for expansion. According to its draft prospectus, Verdant Solar will offer 142 million new shares, or 17.37% of its enlarged issued share capital, through its initial public offering (IPO). At the…