Interview soon-to-be-listed company and update on issue price and why the Chinese company (bamboo flooring trading) wants to list on Bursa. Kanger International Bhd CEO/MD Leng Xingmin.
KUALA LUMPUR: Kanger International Bhd
, poised to be the 10th China stock to list on Bursa Malaysia, intends to set up a research and development (R&D) plant in Malaysia upon listing.
Chief executive officer and managing director Leng Xingmin said that the bamboo flooring maker already had a joint-venture unit with Forest Research Institute Malaysia (FRIM) since 2010 and that the collaboration would be further expanded with Kanger’s plant here.
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