KUALA LUMPUR: Sasbadi Holdings Bhd
is looking at merger & acquisitions (M&As) as it seeks to accelerate growth and to enter new business segments.
“A key strategy to achieve this for financial year ending Aug 31, 2024 (FY24) and beyond is through M&As that strategically fill niches which our group has little/no market presence in,” the publisher said the notes accompanying its financial results.
Sasbadi said by acquiring the right companies, the group can swiftly launch into new business segments with significant market share
whilst improving the acquired companies’ financial performance by leveraging on its competitive strengths, including improved economies of scale, in-house digital capabilities, and efficient, extensive supply chain.
...