PERNAS International Holdings Bhd expects to return to profitability in two years' time, its chairman Datuk Megat Najmuddin Khas said.
But, he said, the group which is in the midst of reorganising its wide-ranging businesses, would need to pare down its massive debt of RM2.57bil to achieve the target.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!