Luxchem Corporation Berhad, an investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia and internationally. It operates in two segments, Trading and Manufacturing. The Trading segments offers import, export, and distribution of petrochemical products; and synthetic latex, polymer resins, fiberglass materials, PVC resins, and plasticizers. The Manufacturing segments provides unsaturated polyester resin; latex chemical dispersions, latex processing chemicals, and specialty chemicals for the rubber gloves industry; and former cleaning agents, powder free coagulants, and polymer coatings. It sells its products under the Polymal and Reversol, MFE, MERICAN, JUSHI, TAISHAN, CMAX, JINNIU, KNA, CHALCO, and Tioxide brands. The company’s unsaturated polyester resin and related products are used in fibreglass reinforced plastic composites, land and sea transportation, industrial equipment and structures, construction, electricals, safety equipment, anti-corrosion vessels, household furniture, architectures, flooring, and coating industrial applications. The company was formerly known as Luxchem Corporation Sdn. Bhd. and changed its name to Luxchem Corporation Berhad in August 2007. Luxchem Corporation Berhad was founded in 1984 and is headquartered in Petaling Jaya, Malaysia.
The number of IPOs and the capital raised this year are on track to outpace the last three years combined. And the thing is, successful IPOs attract more IPOs. Some will be genuine gems, while others, not so much. That’s why this week, we’re digging into the IPO market, and more importantly, how you can improve your odds of spotting a winner.
In the last week, the market has stayed flat, however the Information Technology sector stood out, gaining 4.6%. As for last year, the market is down 4.7%. Earnings are forecast to grow by 9.9% annually. Market details ›