GPRO and K&N Kenanga sign Underwriting Agreement

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April 27, 2004

In conjunction with its listing on the Mesdaq Market of Bursa Malaysia, GPRO and underwriter K&N Kenanga Bhd exchanged documents at the underwriting and placement agent signing ceremony held in KL today.

Chairman Jordan Tang reiterated in his speech that, “we are committed to producing products that are cut right for the industry. We also plan to launch on average one new product every year.” A total of RM8 million from the listing proceeds will be allocated for GPRO’s R&D initiatives to enhance the feautres of the company’s products to keep pace with the demand in the textile and apparel industry worldwide.

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