According to the Tyre Retreading Manufacturers Association of Malaysia, 30% out of 1.2 million retreaded tires on the market were not manufactured according to specifications. Cheah addresses the concerns surrounding the industry, ahead of Eversafe Rubber's IPO on April 21.

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Tags:  safety,  IPO,  oversubscribed,  South America,  export proceeds,  weaker ringgit,  foreign labour,  retreaded tyres