The invitation comprises a placement of 64.62 million offer shares to investors, including institutional and other investors in Singapore and outside the US, and another 3.5 million offer shares for the public offer.
Aztech Global, the technology unit of Aztech Group, has launched 68.12 million shares priced at $1.28 each through its initial public offering (IPO) on the Mainboard of the Singapore Exchange Securities Trading Limited (SGX-ST) on March 4.
The IPO is expected to raise gross proceeds of some $297 million from the invitation and the issuance and sale of the cornerstone shares.
