Leong Hup allocates RM207.7mil for capex


Leong Hup executive director and Group CEO Tan Sri Francis Lau Tuang Nguang (6th form right) and executive chairman Lau Chia Nguang (7th from right) with the company's directors, senior management and bankers at Leong Hup's prospectus launching ceremony on Apr 25, 2019

PETALING JAYA: Leong Hup International Bhd, which derives 70% of its revenue from overseas, will build its first feedmill and new chicken farms in the Philippines starting from the third quarter of this year as the company accelerates expansion in its newest market.

The expansion will be funded by proceeds from its initial public offering (IPO).

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Leong Hup , prospectus , launch , capex , IPO , Asean ,

   

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