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The Malaysian arm of South Korea’s Cuckoo Homesys wants more room in Singaporeans homes as it plans to invest RM10 million (S$3 million) over the next two years to expand beyond its trademark purifiers into mattresses, air-conditioners, massage chairs and home care services.
The recent Burj Khalifa apartment investment represents less than 0.6 per cent of its RM1.3 billion net assets as of Feb 28, 2025, and definitely will not affect its balance sheet, dividends, R&D spending or expansion plans.