PETALING JAYA: JRK Holdings Bhd, which launched its first property development project five years ago, is now eyeing a listing on the ACE Market of Bursa Malaysia.

In a draft prospectus released yesterday, the Klang Valley-based developer said the proceeds from its initial public offering (IPO) would be primarily utilised for working capital as well as acquisition of land and companies or joint developments.

At the mo

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