From left: DXN director Abraham Verghese TV Abraham, director Datuk Noripah Kamso, director Datuk Lim Boon Yee, Lim, director and CEO Teoh Hang Ching, director Vibhav Panandiker, director Tunku Afwida Tunku A Malek and director Ong Huey Min at the listing ceremony.: Health oriented and wellness consumer product manufacturer DXN Holdings Bhd has debuted on the Main Market of Bursa Malaysia Securities Bhd at RM0.69 with an opening volume of 12.71 million shares.Of the total proceeds raised, RM80.
DXN is planning to expand its business operations to five new markets within the next three to five years. “Our new branches in Brazil and Argentina are expected to be operational by the end of this year, while the other three countries within the next two to three years. We anticipate that it will take between three to five years to fully develop the potential in these five new markets. During that time, we hope to be fully prepared to enter the Chinese market as well,” he said.
“We will continue to focus on delivering health-oriented and wellness consumer products to our customers around the world and provide returns to our shareholders in accordance with our target payout ratio of between 30%-50% of the profit attributable to the owners of DXN for each financial year on a consolidated basis,” Lim said.
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
DXN Holdings Bhd makes a comeback on Bursa main marketGLOBAL health-oriented and wellness direct selling company DXN Holdings Bhd has been relisted on Bursa Malaysia’s main market on May 19, 2023 – on the heels of its recent announcement of profit after tax (PAT) of RM289.3mil for the financial year 2023 (FY23).
Lees verder »
BoostBills Recognised As A Market-Leading Fintech Innovation That Simplifies Bill Payments | TRPMalaysia Technology Excellence Awards 2023 named Boost as the winner of the Digital – Financial Technology category for its innovative BoostBills feature.
Lees verder »