$OBHB (0327.MY)$ Half of the IPO proceeds go to repaying ba...
$OBHB (0327.MY)$ Half of the IPO proceeds go to repaying bank loan is seems part of the business expansion. The company get financing for the new fatory earlier and pay back with IPO proceeds. would the Bank Interest saving contributed to EPS?
Repayment of bank borrowings: RM14.90 million (51.74%) - To be utilised within 36 months post-listing to finance the construction of the New Serendah Factory and the acquisition of land.
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