Edra Power Holdings Sdn Bhd (Edra) today clarified that the company did not issue any request for proposal to hire banks for its initial public offering (IPO).

In a statement today, the leading clean energy group in South-East Asia said moving forward, it was open for all clarifications and inquiries.

Edra was responding to news report published yesterday, entitled 'Malaysia's Edra Energy reignites IPO plan, looking to hire banks'.

The Reuters article stated that Edra Energy had issued a request for proposal to hire banks for its IPO and that banks have to respond to the request for proposal by May 9, 2017.

- Bernama