Meta Bright proposes diversification into leasing of machineries, equipment

KUALA LUMPUR: Meta Bright Group Bhd has proposed to diversify its leasing and financing segment into the provision of operating leases for machineries and equipment.

In a statement, the group said its board is in favour of the proposal to expand its business efforts in the area, on the basis that the proposed diversification is expected to contribute up to 25% or more of the net profit in the longer term.