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Article: Gefung mulls listing in Mideast
- Article from:
- New Straits Times
- Article date:
- April 26, 2008
- Author:
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Anna Maria Samsudin
New Straits Times
04-26-2008
Gefung mulls listing in Mideast
Byline: Anna Maria Samsudin
Edition: Main/Lifestyle
Section: Business Times
Type: Company
SECOND Board's Gefung Holdings Bhd is thinking of a dual listing in the Middle East within the next five years, to help raise cash for its international expansion.
Chief financial officer Chan Ying Wei said this would be a strategic move for the company to capitalise on the robust economic growth taking place in the Gulf and Arab countries, which is estimated to grow 10-15 per cent annually.
He said the listing plan would also increase the company's profile and enable it to secure more projects in the Middle East and North ...