By Gho Chee Yuan
Nikkei Markets
KUALA LUMPUR (Mar 05) -- Malaysian construction firm GDB Holdings Monday began taking orders for its initial public offering to raise 43.75 million ringgit ($11.22 million) mainly to fund expansion.
The IPO involves issuance of 125 million new shares priced at 0.35 ringgit per share, according to its prospectus. The company is also marketing 37.5 million existing shares under a private placement. Ordertaking will end on March 12 with listing set for March 27 on Bursa Malaysia's ACE Market.
