Focus Point sets aside RM16mil capex for FY22

Focus Point Holdings Bhd president and CEO Datuk Liaw Choon Liang. - KAMARUL ARIFFIN/The Star

PETALING JAYA: Focus Point Holdings Bhd (Focus Point) has set aside a higher capital expenditure (capex) of RM16 million for the financial year ending Dec 31, 2022 (FY22) against RM13.57 million in FY21, which would mainly be used for the opening of new outlets and upgrading old stores.

President and chief executive officer Datuk Liaw Choon Liang said the integrated optical care company plans to open an additional 12-15 optical outlets and three to four food and beverages (F&B) stores under the Komugi brand in Malaysia this year.