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KEB Bhd has set its initial public offering (IPO) price at 35 sen per share, aiming to raise RM48.49 million from its proposed listing on the ACE Market of Bursa Malaysia.
The company currently has four ongoing developments with a combined estimated gross development value (GDV) of RM1.36 billion, alongside two future projects with an estimated GDV of RM382.73 million.