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MEGAFB makes about 530 million security seals a year, supplying tamper-proof products to industries where high security is crucial, like logistics and casinos. The company works with 38 casino operators across Asia, including in Macau, the Philippines, Vietnam, and Cambodia. It's showing solid and promising growth
The utilisation rate of plastic seals, container seals and cable seals factories has gone up from 72% in FY2021 to 81% in FY2024. The business is clearly doing well