Magni-Tech Industries Bhd
, scheduled for transfer to the KLSE main board next Tuesday, will look for opportunities to diversify into other types of businesses in the near future, according to group executive chairman Tan Sri Tan Kok Ping.
“We have almost zero gearing and reserves of RM22mil, which will enable us to look for opportunities to diversify into other businesses not related to our core activities when the global economic climate improves,” Tan told StarBiz.
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!
