Oceancash Pacific Bhd (OPB) hopes to raise RM10.16mil from its initial public offering (IPO), part of which it intends to use for new product development and export expansion.
The company, which manufactures automotive felt and non-woven fabrics, planned to increase export sales to account for at least 30% of its total revenue this year, from 20% currently, managing director Tan Siew Chin said.
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