Atlan eyes M&A to broaden income base

The automotive sector is undergoing a phase of technology revolution, according to Lee.

GEORGE TOWN: Armed with cash reserves of about RM350mil, Atlan Holdings Bhd is exploring merger and acquisition opportunities over the next two to three years.

“We are looking at opportunities that can complement Atlan’s main business in the duty free, automotive and hospitality industries. Our goal is to broaden the group’s income base.