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interesting stock within the chemicals sub-sector. IPO priced at 1.75. If we were to compare with FY24 which is part of the baseline taken into consideration during pricing at 1.75, then, latest 3Q performance in FY25 and current market price seems to be a bit optimistic. Q3FY25 numbers were mixed and not as optimistic as market price.
TMK Chemical Bhd has entered into a distributor agreement with Tata Chemicals Soda Ash Partners LLC to distribute soda ash dense in bulk across Vietnam