PETALING JAYA: Diamond Wood China Ltd is proposing a listing on Bursa Malaysia's ACE Market. The company's draft prospectus was posted on the website of the Securities Commission (SC) yesterday.
The company was incorporated in Hong Kong and founded to manufacture and commercialise Accoya wood for the East Asian markets. Accoya wood is an artificially created hardwood created from natural wood. It has been created to be easy to maintain and somewhat exposure-resistant to ultraviolet radiation. Accoya wood is widely used for general and home construction.
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