Sabah-based Colform seeks ACE Market listing


PETALING JAYA: Sabah-based steel product maker Colform Group Bhd is seeking a listing on the ACE Market, with plans to use the proceeds raised to install a colour coil coating production line, build a new storage facility in Kota Kinabalu and to venture into Peninsular Malaysia by setting up a factory in Klang.

Post-initial public offering (IPO), the Kang family will continue to control Colform with over a 70% stake.

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