A shadow of its former self
Rescue plan: A file picture showing Seacera group MD Zulkarnin Ariffin in the company’s tile warehouse. A number of parties are said to be looking to rescue the ailing company but nothing firm has happened yet.
Profits of Seacera dwindle, debts pile up and major shareholders sell down stakes
SADDLED with massive debts and faced with shrinking revenue from its operations, Seacera Group Bhd 
today is a sad shadow of its past.
The group, from its humble beginnings with a small tile factory in 1988 was among the pioneer companies in the local ceramic industry.
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