Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
From a strategic perspective, this disposal aligns with TGUAN's long-term focus on the plastic packaging. The F&B segment, though profitable, was a legacy business of the Ang family and has been a relatively minor contributor which is now being monetized. The one-off gain of RM15.43m enhances TGUAN's net asset base, while the cash proceeds improve financial flexibility. The decision to channel part of the proceeds as a special dividend provides immediate value to shareholders, while the remainde