Will Sabah Tourism Shine On Suria Capital?
Ng Kiat Min, Group Managing Director , Suria Capital
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Suria Capital’s stock has been on a downtrend recently falling to its 8-year low of RM1.56 just in Sept 14 this year. The share price has been on a downward trend since December last year.
What is the group doing about its stock’s underperformance?
We ask Ng Kiat Min this.
She says Suria Capital wants to bank on the rising tourism industry in Sabah.
But, will it be quick enough to capture the rising market?
In the Breakfast Grille interview, Kiat Min shares a number of growth initiatives that the company has planned but adds that in terms of timing, the initiatives are "long term" in nature when it comes to value creation.
She shares their plans to turn their port in Kota Kinabalu into an international cruise terminal and they are looking at a GDV of RM2 billion from tourism related projects.
Presented by: Joyce Goh
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