Aiming to be global ‘funeral’ leader

Kong: Hong Kong is a good platform to expand into the international market, particularly China.’

AFTER taking Nirvana Asia Ltd to list on the Hong Kong Stock Exchange for nine months, its founder Tan Sri Kong Hon Kong is planning to turn this funeral service provider into a world leader.

The Hong Kong listing has been a good experience for Kong. Compared to Bursa Malaysia, share liquidity is much higher. Profit has soared and the company has cash of US$250mil (RM1.06bil), arising mainly from its December 2014 initial public offering (IPO) that raised US$246mil.