Polymer Link to raise RM24mil from listing

Phang Siew Loong, Head of Equity Markets of Hong Leong Investment Bank (left); and Koh Song Heng, Executive Vice Chairman, President and Group Chief Executive Officer of Polymer Link.

PETALING JAYA: Polymer Link Holdings Bhd will be raising about RM24.3mil from its upcoming initial public offering (IPO) exercise as it sets its issue price at 25 sen per share.

The company, which specialises in manufacturing plastic powder and colour masterbatch for rotational moulding applications, launched its prospectus yesterday.