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Wednesday April 7, 2004
MEGLOB gets go ahead for
listing on Mesdaq
METRONIC Global Bhd (MEGLOB) has received approval from the
Securities Commission, Malaysia Securities Exchange Bhd (MSEB)
and other relevant authorities to list on the Mesdaq market,
group managing director Dr Ng Tek Che said.
In a statement, he said the company would be appointing
Hwang-DBS Securities Bhd as underwriter and placement agent
for its listing exercise.
MEGLOB, an intelligent building management system and
integrated security management system company, was
incorporated on Oct 22, 2003, as the holding company of
Metronic Engineering Sdn Bhd and Metronic Integrated System
Sdn Bhd.
"We will be able to raise funds in a cost effective and
efficient manner in the capital market, while enhancing
MEGLOB's growth and expansion in Malaysia and the region," he
said.
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