KUALA LUMPUR: Feytech Holdings Bhd, en route to a listing on the Main Market of Bursa Malaysia, has signed an underwriting agreement with TA Securities Holdings Bhd and AmInvestment Bank Bhd for the company’s initial public offering (IPO).

In a statement, Feytech, which is principally an automotive cover and seat manufacturer, said the IPO entailed a public issue of 143.32 million new ordinary shares and an offer for sale of 109.62 existing shares.