Monday 16 January 2012

Eita Resources gets SC nod to list on Main Mkt

KUALA LUMPUR (Jan 16): Eita Resources has received the Securities Commission’s approval to list on the Main Market of Bursa Malaysia Securities Bhd.

It said on Monday that its unit Eita-Schneider (MFG) Sdn Bhd provides end-to-end elevator systems services.

Eita’s group managing director Fu Wing Hoong said: “We are proud to be one of the few homegrown manufacturers and providers of elevator systems today, and we have successfully established a commendable track record alongside the country’s development.”

He said since 1998, the company had installed its in-house brand elevators including escalator and travellator systems in numerous commercial and residential PROPERTIES [], in Malaysia and the region.

Eita is expected to list in the first half of 2012. AmInvestment Bank Bhd is the adviser, sole underwriter and sole placement agent for Eita listing exercise.



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