NationGate set to go big in EMS market

NationGate intends to allocate some RM48.4mil or 29.2% of the proceeds from its initial public offering for working capital in tandem with the expected growth in its EMS business.

GEORGE TOWN: Nationgate Holdings Bhd will utilise over 80% of its production capacity to tap into the growing electronic manufacturing services (EMS) market in the country.

The group intends to allocate some RM48.4mil or 29.2% of the proceeds from its initial public offering for working capital in tandem with the expected growth in its EMS business.