Southern Cable reaffirms plan to transfer to main market in Q4 | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 86%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

KUALA LUMPUR, June 10 — Cable and wire manufacturer Southern Cable Group Bhd has reaffirmed its aim for a transfer to the Main Market of Bursa Malaysia Securities Bhd by the fourth quarter of 2021. In a statement, the company said it secured shareholders’ approval for the proposed amendments to...

KUALA LUMPUR, June 10 — Cable and wire manufacturer Southern Cable Group Bhd has reaffirmed its aim for a transfer to the Main Market of Bursa Malaysia Securities Bhd by the fourth quarter of 2021.

Managing director Tung Eng Hai also revealed that Southern Cable was in the process of expanding its production capacity to support its growth by building a new production facility adjacent to its existing facility in Kuala Ketil, Kedah. “Upon completion in the second half of next year, the group’s total production capacity for cables and wires is anticipated to increase by about 15 per cent to 38,780km per annum,” he said.

“This is on top of fulfilling existing contracts with key clientele in the industrial sector,” Tung added.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 1. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

US stocks regulator to 'freshen' rules to ensure orderly markets | Malay MailWASHINGTON, June 10 ― US officials are examining ways to update trading rules, including how assets are priced, to ensure they keep up with current technology, a top securities regulator said yesterday. The Securities and Exchange Commission (SEC) is undertaking a broad review of equity markets...
La source: malaymail - 🏆 1. / 86 Lire la suite »