KJTS Group Berhad (" KJTS " or the "Company") and its subsidiaries (collectively referred to as the "KJTS Group"), a building support services provider in Malaysia, Thailand and Singapore, are pleased to announce the signing of the underwriting agreement with Hong Leong Investment Bank Berhad ("HLIB") for its upcoming initial public offering ("IPO") on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities"). Executive Director of KJTS Group, Mr. Sheldon Wee; Group Managing Director and Chief Executive Officer of Hong Leong Investment Bank Berhad, Ms. Lee Jim Leng; Managing Director of KJTS Group, Mr. Lee Kok Choon [L-R] The IPO exercise, as detailed in the Company's draft prospectus available on the Bursa Malaysia Berhad's website, involves the issuance of approximately 218.03 million new ordinary shares.