Wong notes that international borders have reopened and that Malaysia’s economy too, is recovering.
“We will continue to take steps to improve our business performance by continuing to execute the current existing and new projects in the manufacturing segment, and work with brand principals to introduce new models and designs in the dealership segment to expand our product offerings in the automotive industry,” he says.
The company plans to pay an interim dividend of RM0.012 per share, representing a payout ratio of 57%
MeGroup shares last traded at 9 cents, down 18.18% year to date.
