In a filing to the stock exchange, the group said its rationale for the exercise was to reward its existing shareholders for their loyalty and continued support.
GEORGE TOWN: Dufu Technology Corp Bhd
plans to operate its new metal fabrication production facility by June this year.
According to group chief executive officer BH Yeoh, the group had invested RM11.4mil for the production facility in Bukit Minyak late last year to manufacture metal fabrication products for the semiconductor and medical equipment industries.
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