Lumiqs brand to generate 30% of IQ revenue by 2020

  • Business Premium
  • Thursday, 01 Sep 2016

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.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Business , IQ Group Holdings Bhd


Next In Business News

GIIB's glove manufacturing plant expected to enhance bottomline Premium
Kasa’s business programmes at Expo 2020 Dubai generates RM16.33bil in potential trade, investment Premium
FTX's billionaire chief says bitcoin has no future as a payments network- FT Premium
China April aluminium output hits record high as power curbs lifted Premium
China April property sales plunge 46.6%, fastest since at least 2010 Premium
China's economy cools sharply in April as lockdowns bite Premium
Oil prices drop on profit-taking, supply fears linger Premium
Asia stocks try to bounce, China data a risk Premium
Dollar starts week on strong footing on firm safe-haven bid Premium
Funds stage sizable soy, soymeal selloff ahead of USDA data Premium

Others Also Read