HAFARY PTE LTD
Location
Founded
1980-04-19
Website
Risk Signals
7 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Terrazzo, Tile, Marble, and Mosaic Work, Floor Laying and Other Floor Work, Not Elsewhere Classified, Floor Covering Stores), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about HAFARY PTE LTD
Live alerts from global media, monitored by Business Radar
(theedgemalaysia.com)
Tile supplier Hafary launches IPO of 32.5m shares at 20 cents each to raise $4.8m
Hafary Holdings, a local supplier of tiles with almost 30 years of history, has launched its initial public offering of 32.5 million new shares at 20 cents each, in line with its proposed listing on the Catalist today. The IPO of 32.5 million new shares represents 20% of Hafary's enlarged share capital of 162.5 million shares. At 20 cents per share, the placement is priced at a historical price earnings ratio of 7.4 times, based on the group's net earnings per share of 2.7 cents for FY2009 (year ended 30 June 2009) and pre-placement share capital of 130 million shares.
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