NationGate intends to allocate some RM48.4mil or 29.2% of the proceeds from its initial public offering for working capital in tandem with the expected growth in its EMS business.
GEORGE TOWN: Nationgate Holdings Bhd
will utilise over 80% of its production capacity to tap into the growing electronic manufacturing services (EMS) market in the country.
The group intends to allocate some RM48.4mil or 29.2% of the proceeds from its initial public offering for working capital in tandem with the expected growth in its EMS business.
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