SIG to buy Sarawak land for new plant


KUALA LUMPUR: SIG Gases Bhd, which made its debut on the Main Market of Bursa Malaysia yesterday, plans to use the bulk of proceeds from the listing to acquire land in Sarawak and machinery to expand its business.

SIG Gases’ share price opened two sen higher to 60 sen from its offer price of 58 sen and closed at 61 sen with about 35 million shares traded.

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