HS Optimus Unit Secures Banking Facilities Worth MYR9 Million; Shares Plunge 25%

MT Newswires

2025/12/22

HS Optimus' (SGX:504) subsidiary, HS Optimus Wood Products, secured new banking facilities of up to 9 million ringgit by United Overseas Bank (Malaysia), according to a Friday filing with the Singapore Exchange.

Shares of the manufacturer of industrial doors sank over 25% in Monday trading.

The facilities will be used to finance the purchase of trade related goods and for general working capital needs.

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