Masverse

Ni Hsin EV Tech plans for IEO fundraising through utility tokens issuance for EV business

Ni Hsin EV Tech Sdn Bhd (NH EV TECH), a wholly owned subsidiary of Malaysia-listed firm Ni Hsin Group Berhad (Ni Hsin), has proposed to conduct an initial exchange offering (IEO) exercise through the issuance of utility tokens for its electric vehicle (EV) business.