Aztech Global Ltd ("Aztech" or the "Group") is offering 68.12m shares at $1.28 each for its IPO where 3.5m shares will be for the public with the remaining being placed out. The public offer will close on 10 March at noon and commence trading on 12 March 2021. The market cap based on the IPO price will be $990.4m.

The  offeror said the delisting would provide company management greater flexibility to manage the existing businesses of the group while exploring opportunities without the attendant costs, regulatory restrictions and compliance issues associated with its listed status on the SGX. It added that Aztech has no present need for access to Singapore's capital markets and is unlikely to tap these markets to finance its operations in the

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