Lumiqs brand to generate 30% of IQ revenue by 2020

Branding: IQ Group Holdings chief executive officer Daniel Beasley says the company will launch its own brand name of LED intelligent lighting solutions called Lumiqs this year to generate better margins. Star pic by: ZHAFARAN NASIB/The Star/ 04 Feb 2015.

GEORGE TOWN: IQ Group Holdings Bhd is working for its Lumiqs brand to generate 30% of the group’s revenue by 2020.

Group chief executive officer Daniel Beasley (pic) told StarBiz after an AGM that the goal was achievable because the Lumiqs brand had started to receive orders from South-East Asian countries, Japan, Australia, and Switzerland.