KUCHING (April 9): Telecommunications service provider Reach Ten Holdings Berhad aims to expand its fibre optic network and build 100 new 4G and 5G towers across Sarawak following its listing on the Main Market of Bursa Malaysia Securities Berhad on May 2.

The Sarawakian company expects to raise RM104 million from its initial public offering (IPO) with the issuance of 200 million new shares at 52 sen per share.