Managing director Liew Thiam Leong said based on the issue price, the group’s gross proceeds would be RM5mil, of which RM3mil would be used to set up the group’s new manufacturing site in Bestari Jaya, Kuala Selangor in line with its expansion plans.
KUALA LUMPUR: UCI Resources Bhd
, a manufacturer and supplier of precast concrete products, has debuted on Bursa Malaysia’s Leading Entrepreneur Accelerator Platform (LEAP) market at 16 sen, a premium of one sen over its offer price of 15 sen per share.
At the opening bell, 70,000 of the company’s shares were traded.
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