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Richard Cheong, Deputy CEO and Jack Cheong, CEO of FoaMasters
International Ltd.
A COMPANY making foam soles for Nike trainers is running on to AIM
in a £34million float.
FoaMasters has eight patents pending on machine
technology and a further two on products. The company also has a 10-year
deal to use systems developed by US group Mobius
Technologies to recycle scrap foam.
Chairman Teh Kim Seng
says: “One of our big advantages is that we have been around more than 40
years. There is a lot of knowhow in this
company.”
Source: Andrew Johnson. Foam Maker Seeks A £34m Launch Pad. Daily
Express. 26-Nov-2007.
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