Mamee’s entry into Khee San ignites investor interest


Prolific manufacturer: Mamee, which exports its products to 100 countries, believes in investing heavily on its branding initiatives.

Mamee-Double Decker’s entry into beleaguered Khee San Bhd has ignited investor interest in the latter.

Since the announcement by Khee San on Monday that it has proposed a special placement of 94 million shares to Mamee, the former’s share price has shot up by 36% to 48.5 sen.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Mamee , Khee San

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Watts from water
Singapore’s financial sector a big winner
Up in Arms - or up the value chain?
Asia bonds for diversification
Smart city can’t beat the traffic
Powering a new reinvestment cycle as demand surges
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read