KUALA LUMPUR: Sabah-based consumer package goods manufacturer and distributor Kim Teck Cheong Consolidated Bhd
(KTC) plans to raise RM21.3mil from its initial public offering (IPO) on the ACE Market of Bursa Malaysia at the end of next month.
KTC plans to use the proceeds to expand its warehousing facilities, warehousing construction and equipment purchase, all amounting to RM14mil.
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