Wednesday, March 24, 2010

Hock Heng Stone Industries Berhad : Public Issue Of 15.3m Shares and Offer For Sale Of 14.3m - 24/03/2010

Background. Hock Heng Stone Industries (Hock Heng) is an integrated stone processing player, which manufactures, sells, distributes and trades granite, marble and other related products (such as slate and sandstone) used in medium to high-end commercial and residential properties. At present, Hock Heng has an annual production capacity of 45,000m² for granite slabs and 240,000m² for marble slabs. In addition to its eadquarter in Melaka, it has three sales offices in Selangor, Johor and Pahang. Hock Heng also owns a granite quarry in Tangkak, Johor, which has stone deposit of pproximately 354,000 m².

Hock Heng Stone Industries Berhad : Public Issue Of 15.3m Shares and Offer For Sale Of 14.3m - 24/03/2010

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