Fairon Aluminium Sdn Bhd proposes to be listed in Bursa Malaysia before 2012

Fairon Aluminium Sdn Bhd plans to be listed in Bursa Malaysia, keep step with its extension plan. Fairon Aluminium Sdn Bhd has been set up for 12 years, cost 25m Ringgit (about 7.7m dollars), is the most advanced aluminum complex products producer. Its manager Alan Tham said Fairon will construct another aluminum composite panel production line and a polyethylene production line. This project will cost 10m ringgit and launch in the end of 2008. Fairon annual production capacity is 1.2m square meter, 80% of which products exported to Asia and Middle East area. Alan said: “we expect we can reach to 30m rupees in 2008, higher than 20m rupees in 2007.”