From left: Chen, Ideal MD Ben Meng and chairman Andrew Jacobs at the signing ceremony.
KUALA LUMPUR: Ideal Jacobs (M) Corp Bhd, which has seen its profit margins tightening over the past few years, believes that changing the course of the company’s business will create more value for shareholders.
The company, which produces graphic overlays, nameplates and custom labels, is undergoing a reverse takeover (RTO) from two oil and gas players who will inject and consolidate their businesses under Ideal Jacobs’ listed status.
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