A rare Sarawak company taking over the listing vehicle of I-Power. At the pre-suspension price of 9 sen, the counter is slated to start trading at an equiv of 36 sen. Instacom will take over the listing and starts trading on Monday 8th October. The telco infra company is the biggest of its kind in Malaysia and virtually dominates all telco infra works for all telcos in East Malaysia. Instacom had been invited by leading global providers of telecommunication equipment and network solutions such as Huawei and ZTE Corp, to install their equipment in the Philippines, Cambodia and Vietnam as well. The listing will catapult the company to a bigger and elevated platform of earnings capacity. Read earlier posting on I-Power to Morph into Instacom.
This article was extracted from www.malaysiafinance.blogspot.com.