$JPG (5323.MY)$ Based on the information received, this purp...
$JPG(5323.MY$ Based on the information received, this purpose of raising share is for 1)Capital expenditure 2)Repayment 3)Working Capital 4)Estimated Listing Expenses
According to my observation, Palm Oil is more like a needs not wants and more competitor held palm oil field in Johor, which said it could be hard to boom,unless there is market shortage,this share is more likely to have stable growth.
(Beginner Words,please advise if there is anything amiss)
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103251422 (Haes) : Expanding downstream business
jobless jack : the capital expenditure is going to build a refinery, which they are planning to operate close to 90-95% because of it they are optimistic that it increases their margins in long-term. and being their product is certified and they have healthy business customer base they see a steady flow of demand.
Jason Brownz : absolutely correcto![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)