Apple locations going for IPO,says Datuk Seri Desmond Lee.
PETALING JAYA: Apple Vacations Group of Companies, which has been in the outbound travel trade for 20 years, is all geared up to go for initial public offering (IPO) within the next six to seven months, according to executive chairman Datuk Seri Lee Ee Hoe.
Apple reported a net profit of RM12.5mil and revenue of about RM250mil in the last financial year ended July 31, 2016. Both net profit and revenue rose 30% over the previous financial year.
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