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Penang-based GB Bond Holdings Berhad, a manufacturer of water-based industrial adhesives, launched an IPO on the ACE Market of Bursa Malaysia to raise RM16.08 million. Proceeds will expand manufacturing capacity in Penang by 35% and establish a local sales presence in Vietnam.
“We will expand our manufacturing capacity in Penang, invest further in our product formulation capabilities and establish a local sales presence in Vietnam.”junipersjournal.com
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