KUALA LUMPUR: Rosado Bhd, an engineering solutions provider specialising in electrical works for data centre projects, yesterday entered into an underwriting agreement with Malacca Securities Sdn Bhd and Kenanga Investment Bank Bhd, in conjunction with its initial public offering (IPO) and listing on the ACE Market of Bursa Malaysia Securities Bhd.

Rosado and its 100% owned subsidiary, is structurally differentiated by its model as a full-scope design-and-build Engineering, Procurement, Construction, and Commissioning (EPCC) contractor, covering the entire project lifecycle from engineering design, procurement, construction and installation, testing and commissioning. As part of Rosado’s solutions, Rosado provides ancillary civil and structural works that are integral to its electrical engineering projects.