Nexgram expects to turn around in FY19 - News Summed Up

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Nexgram expects to turn around in FY19


KUALA LUMPUR: Nexgram Holdings Bhd is optimistic about turning around in the financial year ending July 31, 2019 (FY19), following the recent government's initiative to promote more affordable houses. Chairman Datuk Donald Lim Siang Chai said Nexgram did not expect to perform better in the current financial year, after suffering financial losses in FY17. "At this moment, the company's focus is on ICT, which is very competitive," he added. "We will be more focused on one of our subsidiaries, Sensorlink Sdn Bhd, in the ICT security," he said. "Our ICT security service will be mainly in the local banking (ATM kiosk) and residential security installation system," Mazru said.


Source: New Strait Times December 28, 2017 07:07 UTC



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