LKL INTERNATIONAL BERHAD

KLSE (MYR): LKL (0182)

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Last Price

0.11

Today's Change

-0.005 (4.35%)

Day's Change

0.11 - 0.115

Trading Volume

31,000


7 people like this.

9,990 comment(s). Last comment by MZM2511 2 months ago

khpwwl

3,476 posts

Posted by khpwwl > 2023-12-27 09:32 | Report Abuse

non stop selling at 0.165

MZM2511

4,549 posts

Posted by MZM2511 > 2023-12-27 09:39 | Report Abuse

Is it a window dressing for LKL or window dressing for operator/insider who want to quit???

3 month trend lowest price 14.5 sen..

Can it touch 14.5 sen in few days before year 2023 end?


MZM2511

4,549 posts

Posted by MZM2511 > 2023-12-27 17:08 | Report Abuse

The volume has been decreased.....

MZM2511

4,549 posts

Posted by MZM2511 > 2023-12-28 09:00 | Report Abuse

3 month trend lowest price 14.5 sen..

Can it touch 14.5 sen in another two days of trading before year 2023 end?

MZM2511

4,549 posts

Posted by MZM2511 > 2023-12-29 09:42 | Report Abuse

It already touched 14.5 sen!!!! What is going to be next ????

Posted by jekati3033 > 2023-12-31 08:04 | Report Abuse

also very interesting, I can't even imagine

Lyon91

99 posts

Posted by Lyon91 > 2024-01-03 22:53 | Report Abuse

Time to fly 🕊️

MZM2511

4,549 posts

Posted by MZM2511 > 2024-01-04 19:45 | Report Abuse

Still at base building stage???
I think operator / insiders already finished year end sale... TAYOR

Good123

26,444 posts

Posted by Good123 > 2024-01-08 20:24 | Report Abuse

Murray Hunter is giving away his e-book *"Malaysia's Deep Corruption: the Malaysian Deep State"*.

According to James Chin, "You should be very fearful after reading this".

https://pdfhost.io/v/u9tJdkqCS_Malaysia_Deep_Corruption_Murray_Hunter

:)

Signal

186 posts

Posted by Signal > 2024-01-10 16:39 | Report Abuse

-wa @ 0.025 ada chance nak naik 0.050 (100%) tahun ni !

Lyon91

99 posts

Posted by Lyon91 > 2024-01-11 19:06 | Report Abuse

This health care sector green trend, but why this all days red?😅

MZM2511

4,549 posts

Posted by MZM2511 > 2024-01-11 21:15 | Report Abuse

I'm not a chartist...

RSI(14) Neutral 39.8
Stochastic(14) Oversold 20.0
Average Volume (3M) 9,288,100
Relative Volume 0.5

But based on technical, it's still not so good...
https://www.tradingview.com/symbols/MYX-LKL/technicals/


I hope it's already building its support price @14-14.5... How long??? I don't know. HE HE HE

Hope it won't fall further to test new low..

Lyon91

99 posts

Posted by Lyon91 > 2024-01-11 21:34 | Report Abuse

I still learning on this from you guys

MZM2511

4,549 posts

Posted by MZM2511 > 2024-01-17 22:38 | Report Abuse

LKL revisited the lowest price of a year @13 sen and closed @13.5 sen.....

Lyon91

99 posts

Posted by Lyon91 > 2024-01-17 23:00 | Report Abuse

Hope will rebound 😥

MZM2511

4,549 posts

Posted by MZM2511 > 2024-01-19 20:32 | Report Abuse

Based on technical, it's still not so good...
https://www.tradingview.com/symbols/MYX-LKL/technicals/

Lyon91

99 posts

Posted by Lyon91 > 2024-01-19 23:25 | Report Abuse

All oversold😑😑😑

MZM2511

4,549 posts

Posted by MZM2511 > 2024-01-20 02:11 | Report Abuse

@Lyon91.. It's just a technical readings....
If there is nothing in a near future which can make fundamental of the company WORSEN... Its for me normal...

Technical reading from oversold can be changed to overbought in a short of time...

Good123

26,444 posts

Posted by Good123 > 2024-01-20 17:39 | Report Abuse

dah cash out, pengasas, duit parked kat oversea enterprise kini :)

theedgemalaysia.com › article › restaurant-operator-overseaLKL International co-founder Lim Kon Lian now a substantial...
Nov 19, 2021 · Oversea Enterprise Bhd said on Friday (Nov 19) Lim Kon Lian emerged as a substantial shareholder of the restaurant operator on Thursday after he subscribed to 261.92 million shares representing a 23.077% stake in the company's expanded number of issued shares via a private placement of new shares.

Good123

26,444 posts

Posted by Good123 > 2024-01-20 17:41 | Report Abuse

pengasas sendiri tak yakin pada LKL, kini berada dalam oversea enterprise, pemegang syer kedua terbesar dalam oversea enterprise kini haha

LIST OF 30 LARGEST SECURITIES ACCOUNT HOLDERS@30/6/2023 (ANNUAL REPORT)
(BASED ON THE RECORD OF DEPOSITORS)
(WITHOUT AGGREGATING SECURITIES FROM DIFFERENT SECURITIES ACCOUNT BELONGING TO THE SAME PERSON)
Name of Shareholders
No. of
Shares Held
Percentage
(%)
1. Affin Hwang Nominees (Tempatan) Sdn. Bhd.
- Exempt An for Lazarus Securities PTY LTD
363,459,176 32.02
2. Lim Kon Lian 261,916,000 23.08

MZM2511

4,549 posts

Posted by MZM2511 > 2024-01-20 22:07 | Report Abuse

LIST OF 30 LARGEST SECURITIES ACCOUNT HOLDERS@30/6/2023 (ANNUAL REPORT)
(BASED ON THE RECORD OF DEPOSITORS)
(WITHOUT AGGREGATING SECURITIES FROM DIFFERENT SECURITIES ACCOUNT BELONGING TO THE SAME PERSON)
---------
Oh.. Saya faham. Ini senarai dari AR 2023 bagi Oversea Enterprise Berhad.
Bukan AR LKL.

Buat apalah susah-susah Good123 postkan data syarikat lain di sini!!! He He He

Lagipun saya rasa Lim Kon Lian pun dah jadi sejarah di LKL kan?

MZM2511

4,549 posts

Posted by MZM2511 > 2024-01-20 22:21 | Report Abuse

Maklumat ini lagi penting... Siapa pemegang saham terbesar LKL sekarang... dan adakah Lim Kon Lian masih tercatat dalam senarai atau tidak...
---------
Based on LKL's Annual Report 2022 :
Total Number of Issued Shares : 388,057,256 ordinary shares

THIRTY LARGEST SHAREHOLDERS AS AT 18 APRIL 2023
(without aggregating securities from different securities accounts belonging to the same registered holder)
No Name No. of Shares %
1. Botanical Distribution Sdn. Bhd. 47,010,000 12.11
2. AMSEC Nominees (Tempatan) Sdn. Bhd. 44,579,720 11.49
Exempt An for KGI Securities (Singapore) Pte. Ltd (66581 T CL)
3. M & A Nominee (Tempatan) Sdn. Bhd. 44,341,200 11.43
Exempt An for Sanston Financial Group Limited (Account Client)
4. Attractive Venture Sdn. Bhd. 19,317,665 4.98
5. Ace Edible Oil Industries Sdn. Bhd. 19,100,000 4.92
6. AE Multi Industries Sdn. Bhd. 19,000,000 4.90
7. Perusahaan Saudee Sdn. Bhd. 12,399,600 3.20
8. Ang Kian You 11,005,880 2.84
9. Ang Kian You 9,968,780 2.57
10. AFFIN Hwang Nominees (Asing) Sdn. Bhd. Exempt An for Sanston Financial Group Limited (Account Client) 8,688,100 2.24

MZM2511

4,549 posts

Posted by MZM2511 > 2024-01-20 22:29 | Report Abuse

BOD of LKL.. Based on AR 2022.

Datuk Chong Loong Men - Executive Director
Zulkarnin Bin Ariffin - Executive Director
Lim Ming Chang - Non-Independent Non-Executive Director
Chan Jee Peng - Independent Non-Executive Director
Ling Chi Hoong - Independent Non-Executive Director
Ng Fun Kim - Independent Non-Executive Director

Good123

26,444 posts

Posted by Good123 > 2024-01-21 16:05 | Report Abuse

tiada yg mustahil... geng tangan ghaib cuma nak serap wang retailers yg jahil :)

Good123

26,444 posts

Posted by Good123 > 2024-01-21 16:07 | Report Abuse

pasukhas, dibawah geng tangan ghaib, dah buat consol syer 2 kali dah... geng tangan ghaib cuma mau rompak duit retailers yg naif... tiada biz yg menjana keuntungan.. asyik rugi dengan related party transactions ataupun beli syer penny related parties yang cuma rugi haha... jaga diri, ya!

Good123

26,444 posts

Posted by Good123 > 2024-01-22 08:50 | Report Abuse

Bos lkl dah jump ship to oversea enterprise bhd. Hopeless punya lkl

Good123

26,444 posts

Posted by Good123 > 2024-01-22 08:51 | Report Abuse

Ikut bos lkl jump ship to oversea enterprise bhd jika suka penny stok ;)

Good123

26,444 posts

Posted by Good123 > 2024-01-22 08:52 | Report Abuse

Geng tangan ghaib sungguh dahsyat

Good123

26,444 posts

Posted by Good123 > 2024-01-22 08:55 | Report Abuse

Nilai pemegang syer dimusnahkan dengan hebat

<%-- for fixing scrollbar--%>
Save Print Back

0182 LKL LKL INTERNATIONAL BERHAD
Quarterly rpt on consolidated results for the financial period ended 30/09/2023
Quarter: 3rd Quarter
Financial Year End: 31/12/2023
Report Status: Unaudited
Submitted By:
Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period
30/09/2023 30/09/2022 30/09/2023 30/09/2022
RM '000 RM '000 RM '000 RM '000
1 Revenue 8,821 0 28,638 0
2 Profit/Loss Before Tax 1,045 0 (7,038) 0
3 Profit/(loss) attributable to ordinary equity holders of the parent 1,058 0 (7,022) 0
4 Net Profit/Loss For The Period 1,045 0 (7,038) 0
5 Basic Earnings/Loss Per Shares (sen) 0.54 0.00 (2.37) 0.00
6 Dividend Per Share (sen) 0.00 0.00 0.00 0.00
As At End of Current Quarter As At Preceding Financial Year End
7 Net Assets Per Share (RM) 0.4400 1.3400
Remarks:
The Company had on 22 April 2022 announced the change of financial year end
from 30 September to 31 December. Hence, there are no comparative figures for
the preceding year corresponding quarter/period.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

27/11/2023 07:00 AM


Ref Code: 202311273100356

Good123

26,444 posts

Posted by Good123 > 2024-01-22 08:56 | Report Abuse

Kerugian demi kerugian, beli in tu yg tak berbaloi..

Good123

26,444 posts

Posted by Good123 > 2024-01-23 08:51 | Report Abuse

Lkl founder sold n left lkl & jumped ship to Chinese restaurant group called oversea enterprise bhd pulak.

Without fraud, everything an excel, etc ;)

Chinese restaurants, like any other business, can thrive if they are properly managed without resorting to fraud. Several factors contribute to their success:Quality of Food: A focus on providing high-quality, authentic Chinese cuisine can attract and retain customers.Customer Service: Good customer service and a positive dining experience can lead to repeat business and positive word-of-mouth.Ambiance: A pleasant and inviting ambiance can enhance the overall dining experience, encouraging customers to return.Cost Control: Effective cost management, including efficient sourcing of ingredients, can contribute to maintaining reasonable prices without compromising quality.Marketing: Strategic marketing efforts, both online and offline, can help attract new customers and keep the restaurant visible in the community.Adaptability: Being adaptable to changing consumer preferences and trends in the food industry is crucial for long-term success.Community Engagement: Involvement in the local community and understanding customer preferences can help tailor offerings to meet the specific needs of the target market.By focusing on these aspects and running a transparent and ethical operation, Chinese restaurants can build a loyal customer base and achieve long-term success.

MZM2511

4,549 posts

Posted by MZM2511 > 2024-01-23 09:45 | Report Abuse

As per my observation, there was none of direct insider (the parties which is the director, principal management or substantial shareholders whom must report to BURSA if any shareholding changes had occured). No filings @BURSA from entire Disember 2023 until today.
None of any bad news has been filed at BURSA on the same date...

I concluded that, this phase of share price downtrend could be the play of "indirect insider" or operator.........

Personally, accumulation completed...
Hope for the best...... TAYOR

Lyon91

99 posts

Posted by Lyon91 > 2024-01-23 21:45 | Report Abuse

Waiting CNY explode😂😂😂

Posted by mdsaiful5591 > 2024-02-15 15:45 | Report Abuse

Now can start to purchase..12.5cts..hehe😅

Lyon91

99 posts

Posted by Lyon91 > 2024-02-28 19:57 | Report Abuse

Waiting qr

MZM2511

4,549 posts

Posted by MZM2511 > 2024-02-29 21:29 | Report Abuse

Q4 Dec 23 Revenue RM 15,940,000 Profit before tax RM 4,147,000 Net profit RM 44,000 EPS 0.01 sen NTA 44 sen Performance Quarter on Quarter Down 96% Year on Year Up 100%

Lyon91

99 posts

Posted by Lyon91 > 2024-02-29 21:31 | Report Abuse

Nice 👍 still profit

Lyon91

99 posts

Posted by Lyon91 > 2024-04-06 00:20 | Report Abuse

Are lkl ready to action?

Posted by Silentreader88 > 2024-05-24 19:28 | Report Abuse

anticipate good QR soon? from 115, now 135.

MZM2511

4,549 posts

Posted by MZM2511 > 2024-06-01 07:00 | Report Abuse

Base on my BRIEF study on QR1 2024 (The latest QR) of LKL:

(Note: A comparative info from QR4 2023 included)


The summary on the company from QR1 2024:

A: The profitabilty of this quarter compared to the last QR4 2023 substatially dropped.

B. Still sitting on a negative reserve.

C: A cash rich company with RM 25,014,000 cash and cash equivalent.

D. Total assets > Total liabilities (Reduced total liabilities), Total current assets > Total current liabilities: Means still has a low indebtedness risk.


THE FINDINGS

1. NTA 42.0 sen _ , QR4 2023 @ 44.0 sen
2. NOSH 388.06 mil _ , QR4 2023 @ 388.06m

3. EQUITY
Share capital RM 240,262,000 _ , QR4 2023 @ RM240,262,000
Merger deficit (RM 29,580,000) _ , QR4 2023 @ (RM29,580,000)
Accumulated losses (RM 46,253,000) _ , QR4 2023 @ accumulated losses of (RM 39,021,000)
Equity attributable to owners of the Company RM 164,429,000 _ , QR4 2023 @ RM 171,661,000
Non-controlling interests ( RM 633,000) _ , QR4 2023 @ (RM 638,000)
TOTAL EQUITY RM 163,796,000 _ , QR4 2023 @ RM 171,023,000

4. Cash and cash equivalent:
Fixed deposit with licensed bank RM 20,534,000 _ , QR4 2023 @ RM 20,380,000
Cash and bank balances RM 4,480,000 _ , QR4 2023 @ RM 16,190,000

5. Assets:
Non-current Assets RM 122,855,000 _ , QR4 2023 @ RM 115,876,000
Current Assets RM 69,041,000 _ , QR4 2023 @ RM 97,952,000
Assets included in disposal
group classified as held for sale RM 5,913,000 ¬_ , QR4 2023 @ RM 11,811,000
TOTAL ASSETS RM 197,809,000 _ , QR4 2023 @ RM 213,828,000

6. Liabilities:
Current Liabilities RM 25,583,000 _ , QR4 2023 @ RM 34,138,000
Non-current liabilities RM 8,430,000 _ , QR4 2023 @ RM 8,666,000
TOTAL LIABILITIES RM 34,013,000 _ , QR4 2023 @ RM 42,805,000

7. QR1 2024 Results
Revenue RM 9,585,000 _ , QR4 2023 @ RM 15,940,000

Profit before tax / (Loss) (RM 7,227,000) _ , QR4 2023 @ RM 4,147,000

Net profit / (Net loss) (RM 7,232,000) _ , QR4 2023 @ RM 44,000

MZM2511

4,549 posts

Posted by MZM2511 > 2024-06-01 07:00 | Report Abuse

Note 1:

For 1Q 2024, the Group posted revenue of RM9.585 million mainly contributed by the orders delivered from the manufacturing segment of medical/ healthcare beds, medical peripherals and accessories. Geographically, the local market remains as the largest revenue contributor at RM8.391 million or 87.54% of the group revenue where the remaining revenue of RM1.194 million or 12.46% of the group revenue was generated from exports, mainly from other Asian region for the 1Q 2024.

The Group reported a gross profit of RM3.773 million and gross profit margin of 24.54% for the current financial period.

The Group posted a LBT of RM7.227 million for the current financial period mainly due to losses in the fair value on investment in quoted shares of RM5.186 million, depreciation and lease expense of RM1.755 million and interest expense of RM0.414 million. In addition, the pharmacy operations incurred a loss before tax in the current quarter of approximately RM0.937 million. However, excluding the effects of losses incurred by the pharmacy business and the fair value loss of quoted investments, the Group generated positive EBITDA of approximately RM1.065 million for the current quarter.

Note 2:

The Group’s revenue for the current financial quarter under review decreased as compared to preceding quarter, from RM15.940 million to RM9.585 million, due to lower sales of medical peripherals and accessories due to lower project sales in the current quarter.

The Group registered a loss before tax of RM7.227 million in the current financial quarter as compared to profit before tax of RM4.147 million in 4Q 2023 which was mainly due to fair value loss on investment in quoted shares of RM5.186 million. On the contrary, the preceding quarter recorded a fair value gain on investment of RM3.769 million.

Note 3: Prospects

Despite all the challenges and difficulties faced by the Group, we are committed to ensuring the Group’s long-term growth by continuously exploring and pursuing available opportunities that are prospective in increasing shareholders’ value. Looking ahead, the Group strives to improve the sales volume by expanding and offering a wider variety of medical devices to our customers.

The Group continues to leverage its long-term strategic relationships with the existing and potential business associates and partners that would improve the business process efficiency and cost-effectiveness. The Group also continues to pursue progress in its joint venture arrangements to meet its objectives.

Broadening our distributorship scope, we believe the existing engagement with SECA and MEDITOP’s products enables us to further introduce more medical devices to the market. We strive to build a more resilient organisation, upholding operational efficiencies and sustainable initiatives to navigate through business challenges, thereby reinforcing our position as a reliable, one-stop solutions provider to the medical and healthcare industry.

ZzzTrader

439 posts

Posted by ZzzTrader > 2024-06-04 01:04 | Report Abuse

Smell something here

Posted by newbietrader9 > 2024-07-03 16:30 | Report Abuse



0182 LKL LKL INTERNATIONAL BERHAD
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
LKL INTERNATIONAL BERHAD ("LKL" OR "THE COMPANY") PROPOSED ACQUISITION OF THE
BUSINESS OF THREE (3) PHARMACY OUTLETS INCLUDING ASSOCIATED RIGHTS, PROPERTIES,
ASSETS AND INVENTORY, BY ALUXCARE WELLNESS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY
OF THE COMPANY FOR A TOTAL PURCHASE CONSIDERATION OF RM4,800,000.00
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

01/07/2024 07:00 AM

Posted by newbietrader9 > 2024-07-04 10:19 | Report Abuse

Nice

Michael Kwok

6,439 posts

Posted by Michael Kwok > 2024-07-15 01:12 |

Post removed.Why?

Posted by whistlebower99 > 2024-07-17 15:04 | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
10 Feb 2023 24 Feb 2023 Rights Issue (warrant) 3.0000 : 1.0000 0.1700
29 Sep 2022 13 Oct 2022 Share Consolidation 1.0000 : 10.0000

3 out of last 4 years of losses

https://www.klsescreener.com/v2/stocks/view/0182/lkl-international-berhad

Check P/L and Capital Changes

=====================
NOSH = 388,057,256 after share consolidation & massive fund raising via Rights Issue in Feb 2023

WA = 193,931,375
Maturity 2026-03-21
Strike value 0.1700

Expect directors to restart and continue massive fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc

Expect NOSH to increase and shareholder equity % and EPS to be diluted with massive share issuance in near future

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition, etc

===========
Expect Cindy Kate to play the price to attract & trap newbies, punters, fomo oldbies etc


Michael Kwok

6,439 posts

Posted by Michael Kwok > 2024-07-29 00:13 | Report Abuse

Lkl 14.5 cents and minetech 14.5 cents.who will win.let see before 16 august.
29/7/24 12.15am

Posted by Silentreader88 > 2 months ago | Report Abuse

HC up, this rubbish not move. HC down, this rubbish will further down.

MZM2511

4,549 posts

Posted by MZM2511 > 2 months ago | Report Abuse

Base on my BRIEF study on QR2 2024 (The latest QR) of LKL:

(Note: A comparative info from QR1 2024 included)


The summary on the company from QR1 2024:

A: Revenue, profitability and NTA.
Revenue PBT Net Profit EPS NTA QoQ(%) YoY(%)
9,716K (2,243K) (-2,3891K) (0.62sen) 0.42sen UP 67% UP 9%

B. Still sitting on a negative reserve.

C: A cash rich company with a RM 25,229,000 cash and cash equivalent.

D. Total assets > Total liabilities (Reduced total liabilities).
Total current assets > Total current liabilities: Means still has a low indebtedness risk.


THE FINDINGS

1. NTA 42.0 sen _ , QR1 2024 @ 42.0 sen
2. NOSH 388.06 mil _ , QR1 2024 @ 388.06m

3. EQUITY
Share capital RM 240,262,000 _ , QR1 2024 @ RM240,262,000
Merger deficit (RM 29,580,000) _ , QR1 2024 @ (RM29,580,000)
Accumulated losses (RM 48,642,000) _ , QR1 2024 @ accumulated losses of (RM 46,253,000 )
Equity attributable to owners of the Company RM 162,040,000 _ , QR1 2024 @ RM 164,429,000
Non-controlling interests ( RM 623,000) _ , QR1 2024 @ (RM 633,000)
TOTAL EQUITY RM 161,417,000 _ , QR1 2024 @ RM 163,796,000

4. Cash and cash equivalent:
Fixed deposit with licensed bank RM 20,681,000 _ , QR1 2024 @ RM 20,534,000
Cash and bank balances RM 4,548,000 _ , QR1 2024 @ RM 4,480,000

5. Assets:
Non-current Assets RM 124,398,000 _ , QR1 2024 @ RM 122,855,000
Current Assets RM 67,277,000 _ , QR1 2024 @ RM 69,041,000
Assets included in disposal
group classified as held for sale RM 0 ¬_ , QR1 2024 @ RM 5,913,000
TOTAL ASSETS RM 191,675,000 _ , QR1 2024 @ RM 197,809,000

6. Liabilities:
Current Liabilities RM 22,041,000 _ , QR1 2024 @ RM 25,583,000
Non-current liabilities RM 8,217,000 _ , QR1 2024 @ RM 8,430,000
TOTAL LIABILITIES RM 30,258,000 _ , QR4 2023 @ RM 42,805,000

7. QR2 2024 Results

Revenue RM 9,716,000 _ , QR1 2024 @ RM 9,585,000

Profit before tax / (Loss) (RM 2,243,000) _ , QR1 2024 @ ( RM 7,227,000)

Net profit / (Net loss) (RM 2,389,000) _ , QR1 2024 @ ( RM 7,232,000 )


Note 1:

Revenue for the current quarter increased by RM 0.131 million or 1.37% as compared to the preceding quarter (Q1FY24) mainly due to the due to increased sales of medical peripherals in the current quarter.

The Group registered a loss before tax of RM2.243 million in the current financial quarter as compared to a loss before tax of RM7.227 million in Q1 2024 mainly due to a higher fair value loss of RM 5.224 million recorded in the
previous quarter.

Note 2: Prospects

Despite all the challenges and difficulties faced by the Group, we are committed to ensuring the Group’s long-term growth by continuously exploring and pursuing available opportunities that are prospective in increasing shareholders’ value. Looking ahead, the Group strives to improve the sales volume by expanding and offering a wider variety of medical devices to our customers.

The Group continues to leverage its long-term strategic relationships with the existing and potential business associates and partners that would improve the business process efficiency and cost-effectiveness. The Group also continues to pursue progress in its joint venture arrangements to meet its objectives.

Broadening our distributorship scope, we believe the existing engagement with SECA and MEDITOP’s products enables us to further introduce more medical devices to the market. We strive to build a more resilient organisation, upholding operational efficiencies and sustainable initiatives to navigate through business challenges, thereby reinforcing our position as a reliable, one-stop solutions provider to the medical and healthcare industry.

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