Econframe IPO to raise RM18.2mil

Lim Chin Horng

KUALA LUMPUR: Door system solution provider Econframe Bhd aims to raise RM18.2mil from its initial public offering (IPO) to build a new factory in Kapar, Klang and increase production capacity.

The Klang-based group, en route to an ACE Market listing on Oct 27, supplies metal door frames, fire resistant door sets, wooden and metal doors as well as ironmongery such as locksets and hinges.