Agricore enhancing inventory levels to expand customer base

From left: Agricore independent director Koay Hooi Lynn, chairman Fu Yew Sun, managing director Oon Boon Khong, deputy chairman Datuk Keh Chuan Seng, M&A Equity Holdings Bhd Datuk Bill Tan, independent director Teh Boon Beng and independent director Lee Seow Ling.

KUALA LUMPUR: Agricore CS Holdings Bhd, which debuted on the ACE Market with a 58% premium on its initial public offering (IPO) price, plans to expand its customer base and revenue streams by enhancing its inventory levels.

Utilising its IPO proceeds of RM25.9mil, the company also plans to enhance its storage capacity by 30% and double its sales workforce to support its expansion plans.