KUALA LUMPUR: L&P Global Bhd, an integrated industrial packaging solutions provider bound for Bursa Malaysia’s ACE Market, aims to raise RM33.9 million from its initial public offering (IPO).
The company, which is slated to be listed on Jan 3, 2023, said it plans to use RM10 million of the proceeds for capital expenditure, mainly for the construction of a new factory in Johor, and RM2 million for business expansion.
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