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KUALA LUMPUR: Bursa Malaysia has announced the transfer of the shares of Ecomate Holdings Bhd from the ACE Market to the Main Market of the stock exchange.
This article first appeared in The Edge Malaysia Weekly on June 5, 2023 - June 11, 2023 JOHOR-based ready-to-assemble (RTA) home furniture specialist Ecomate Holdings Bhd, which is in the midst of migrating from the ACE Market to the Main Market, is now eyeing merger and acquisition (M&A) opportunities as it seeks inorganic growth. Ecomate co-founder and managing director Jason Koh Jian Hui acknowledges that the company has been relying solely.
KUALA LUMPUR: Ecomate Holdings Bhd expects its prospects for the financial year ending Feb 28, 2022 (FY22) to be challenging, saying that the furniture industry is highly sensitive to macroeconomic factors including the future economic prospects of the countries it exports to.