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Seng Fong makes flat debut on Main Market

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Seng Fong makes flat debut on Main Market

KUALA LUMPUR: Rubber processor producer and dealer Seng Fong Holdings Bhd makes a flat debut at 75 sen on Bursa Malaysia’s Main Market this morning with 10.82 million models traded.

Managing director Er Hock Lai stated the group anticipated to lift RM68.1 million from its preliminary public providing (IPO) to part-finance the enlargement of its annual manufacturing capability by 17 per cent to 166,000 tonnes by 2023 from 142,000 tonnes at present. – Bernama



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