Kaiser Corporation Ltd — Updates, 25-06-2025: Company Update

Kaiser Corporation’s subsidiary, Xicon International Limited, has signed an MoU with Korea EHT, a global leader in electric heat tracing cables with a presence across the Middle East, Africa, Europe, and the USA. The partnership aims to explore Engineering Procurement and Construction opportunities in India and internationally, focusing on joint manufacturing to cut costs and boost market share for both companies. This collaboration could strengthen Xicon’s product offerings and expand its reach in key markets, benefiting shareholders through potential growth and increased competitiveness.