Ni Hsin Group (KLSE:NIHSIN) unit Ni Hsin EV Tech applied to the Securities Commission Malaysia to raise funds for its electric vehicles business through Token Crowd Funding (TCF).
The company will issue a utility token on pitchIN TCF platform, according to a Monday Malaysian bourse filing.
The cookware manufacturer will make further announcements in due time.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.