Khee San on track to exit PN17 status

The candy maker’s PN17 exit is backed by a proposed rights issue.

PETALING JAYA: After posting 11 consecutive quarters of profitability, Khee San Bhd is aiming to exit the Practice Note 17 (PN17) status before accelerating its domestic and international growth.

The candy maker’s PN17 exit is backed by a proposed rights issue intended to strengthen the company’s balance sheet and fund expansion initiatives.