Carimin Petroleum plans Main Market listing

Carimin Petroleum Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd for its proposed listing on the Main Market of Bursa Malaysia in November 2014.

The company said M&A Securities would assume the role of adviser, underwriter and placement agent for the exercise. In a statement, Carimin said the floatation would comprise the issuance of 60.7 million new shares. — Bernama