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This provides the company with additional funding, growth opportunities, and stronger positioning within a key regional development zone, enhancing its potential for business expansion and industry visibility.
Cape EMS Bhd is one of five Johor-based companies that received a letter of offer (LO) for financing from Maybank, as part of the bank’s RM120 million total financing commitment to support businesses within the Johor-Singapore Special Economic Zone (JS-SEZ).
Taghill Holdings’ move to place two minor subsidiaries under judicial management is a strategic step to stabilize finances and protect value, without affecting its core operations. With a strong RM1.29 billion order book and diversification into property development, the group remains focused on long-term sustainability and growth.
The Manufacturing Services division remained the main contributor, generating 57.4% of total revenue, followed by House Brand products (29.8%) and Trading (12.8%). Growth was mainly due to increased orders from existing and new customers, as well as new product launches that offset seasonal slowdowns.
