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The Proposed Disposal entails the disposal of a parcel of industrial land where erected upon is a three-storey detached factory with a three-storey office annexed together with a guardhouse, held under HS(D) 121082, Lot No. PT 39502, Mukim Petaling, District of Petaling, State of Selangor to Crest Systems for a cash consideration of RM16,500,000.
KGW revenue declined by RM10.61 million (27.14%) from RM39.09 million in Q3 2024 to RM28.48 million in Q4 2024, primarily due to reduced ocean freight revenue. However KGW achieved a PBT of RM3.63 million in Q4 2024, recovering from a loss of RM2.64 million in Q3 2024, driven by lower operating expenses and a favorable USD exchange rate.