Steel Hawk to use listing proceeds for expansion


KUALA LUMPUR: ACE Market-bound Steel Hawk Bhd will be utilising the bulk of its listing proceeds to expand its business operations.

The oil and gas (O&G) support services firm, which is transferring its listing from the LEAP Market to the ACE Market of Bursa Malaysia, is seeking to raise fresh funds to finance the construction of the Teluk Kalung Facility 2.

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