11
Mar
08:34
Malaysian scrap firm seeks IPO
Malaysian ferrous scrap processor and supplier Heng Hup Holdings is planning to list on the Hong Kong Stock Exchange. Proceeds will go to expanding capacity and upgrading equipment, Kallanish notes.
The firm expects to raise around $20 million from the IPO, which it intends to invest in a number of projects. The company has entered into a joint venture with Hong Kong-based Chiho Environmental Group to build a 70,000 tonne/year engine recycling plant in…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous