Southern Cable seeks transfer to Main Market

TheStar Thu, Apr 29, 2021 08:10am - 2 years View Original


Managing director Tung Eng Hai (pic left) said the upcoming corporate milestone corresponds with the group’s operational expansion as it looks to fulfil the growing demand in the domestic market and target new sectors for its cables and wires products.

KUALA LUMPUR: Cable and wire manufacturer Southern Cable Group Bhd is seeking to transfer its listing from the Ace Market to the Main Market of Bursa Malaysia Securities Bhd by the second half of this year.

Managing director Tung Eng Hai (pic) said the upcoming corporate milestone corresponds with the group’s operational expansion as it looks to fulfil the growing demand in the domestic market and target new sectors for its cables and wires products.

“We are optimistic of expanding into new sectors that would strengthen our prospects further, ” he said in a statement.

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