FoundPac mulling a spin-off to find better value

Another company that is considering to list its subsidiary is property developer Mah Sing Group Bhd, which recently announced that it was exploring the possibility of listing its manufacturing division separately from the group to further unlock its value, although the group did not divulge further information.

IT is interesting to observe the outcomes when a listed company embarks on a spin-off and list its subsidiary. Typically, a subsidiary is listed to unlock greater value.

In the case of Foundpac Group Bhd, the precision engineering services provider and laser stencil manufacturer is mulling the listing of its 75%-owned subsidiary Dynamic Stencil Sdn Bhd (DSSB).

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