Hi Technological Plastic Industries PLC
Hi Technological Plastic Industries PLC: Hi Technological Plastic Industries PLC expect to raise EUR 8 million on the capital markets.
DGAP-News: Hi Technological Plastic Industries PLC / Key word(s): Miscellaneous London, May 8, 2018 – Hi Technological Plastic Industries PLCis pleased to announce, that the Company expects to raise EUR 8 million on the capital markets during the next 24 months. As a result of a booming order book and prediction of a continuing increase in orders, the Company has decided it wishes to raise EUR 8 million in capital, so the Production Facility and Supply Chain can be expanded and more than triple the existing production capacity in the next 24 months. “The listing of the Company on an European Stock Exchange will make it possible for us to raise the needed capital, and we will do our outmost to use the raised capital to create shareholder value both in the short and long term”, said Rana Kashaf Shahzad, Chairman of Hi Technological Plastic Industries LLC. About
08.05.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |