MSC advised KJTS Group Berhad’s

26 January 2024 is set to be the first trading day of KJTS Group Berhad’s (“KJTS”) stocks on the ACE Market of Bursa Securities, Malaysia. MSC International Law Office acts as a legal counsel for KJTS and its subsidiaries for the IPO, which comprises the offering of 218,027,200 new ordinary shares, at the price of RM 0.27 per share. 

The total transaction is worth RM 58.86 million (approximately USD 12.43 million) and its public portion of the IPO was oversubscribed by 31.28 times. 

MSC’s services for KJTS include the conduct of legal due diligence of its subsidiaries in Thailand, the drafting of its prospectus where Thai law is concerned, providing all-round legal advice concerning KJTS’s Thai subsidiaries for KJTS, its investment bank and the Thai subsidiaries for the purpose of the IPO, as well as attending the site visit of KJTS with Bursa Securities. #KJTSGroupBerhad #KJTS #IPO #ACEMarketofBursaSecuritiesMalaysia #MSCInternationalLaw #lawfirmthailand