(Forgot your password?)?
News 

Fastener Supplier PS Group Aims to Become a Listed Company

 
Add to my favorite
2013-07-10

Fastener supplier PS Group has launched an initial public offering (IPO) to raise net proceeds of $3.8 million Singpore dollars. The firm supplies more than 15,000 types and sizes of fasteners. It is aiming for a listing on Catalist, the Singapore Exchange's second board. PS Group's co-founder and executive chairman Teo Choon Hock said the company's growth is not tied to any one sector, as fasteners are used in a wide array of industries. He added that becoming a listed company is the next natural step in expanding the business. "In order to compete effectively, we need to bring the company to the next level, and listing the company is part of that effort." The group is now concentrating its efforts on its emerging markets business. Last year, 23.2 per cent of its revenue came from customers in Sri Lanka, Panama and the United Arab Emirates, among others. "We expect that the increasing fixed investments and a rise in manufacturing bases in emerging economies... will in turn boost the demand for fastener products," said Mr Teo. The company's 200 customers come from more than 45 countries, though the bulk of its revenues last year came from Singapore, Malaysia and Indonesia. 

扣件
國際展會
惠達雜誌
匯達實業
外銷媒合
廣告刊登
螺絲五金
五金工具
紧固件
台灣扣件展
印度新德里螺絲展
越南河內螺絲展
墨西哥瓜達拉哈拉螺絲展
美國拉斯維加斯螺絲暨機械設備展
波蘭克拉科夫螺絲展
義大利米蘭螺絲展
德國司徒加特螺絲展
wire Dusseldorf
FASTENER FAIR INDIA
FASTENER FAIR VIETNAM
FASTENER FAIR MEXICO
FASTENER POLAND
FASTENER FAIR ITALY
FASTENER FAIR GLOBAL
FASTENER WORLD
Save and share
 
 
READ NEXT

Subscribe