KUALA LUMPUR: SCH Group Bhd targets to list on the Main Market of Bursa Malaysia in the next two to three years on the back of its plan to increase operations in Malaysia and around South-East Asia.
Out of the gross proceeds, RM10mil would be used for capital expenditure to build the company’s new operations facility, RM5mil to purchase new quarry machine and quarry equipment as inventories for its distribution and supply of quarry machinery and quarry equipment business segment, RM3.86mil for working capital and RM2mil was allocated for listing expenses.
It was the most actively traded counter this morning with almost 105 million shares done.
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