24
May
12:21
Malaysian pole maker aims to list, expand
Malaysia’s Mestron Holdings is planning to list on the ACE Market of Bursa Malaysia. The pole maker plans to use funds raised to add processing capacity as it benefits from planned infrastructure investment in the country, Kallanish notes.
Mestron says it aims to raise MYR 25.28 million ($6m) through the listing, 51.4% of which will be used to expand and buy equipment for its main manufacturing plant in Puchong. The plant currently includes a plate cutting…
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Anonymous
Very good overview of the weekly steel market.
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