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Kpower AGM Key Point
1) Target to achieve 1 billion market cap in 2021 is achievable.
2) Target to achieve another 2 billion order book 2021.
3) Currently explore into medical fabric.
4) New logistic business will complement current business, logistic business will start contribute 2021 Q3
5) Currently explore to work together with other renewable company if they win LSS4 project
6) Management still maintain the target 1 billion market cap in 2021 and 5 billion within 5 year
Overall management is optimistic for the future prospect of Kpower especially currently vaccine is available in various countries. Why Karim still dispose its share if the future prospect is so good? Shareholder must understand Dato Karim is holding more than 30% of Kpower share and it is important for him to maintain market liquidity.