KUALA LUMPUR: Focus Dynamics Group Bhd
has acquired a substantial stake in ailing in-flight catering firm Brahim's Holdings Bhd.
The company said today that it has amassed a 12.19% equity interest in Brahim after spending RM7.34mil buying 28.8 million shares in the open market earlier this week.
"Focus Dynamics' with its plans for digital cloud Kitchen services, E-kitchen network and other flagship outlets, sees this acquisition as the key step to establish a solid platform of operations to cater for its expansion and growth plans," it said in a statement today.
Brahims is a in-flight catering services provider, with business spanning various verticals including logistics, storage, catering and restaurant services.
...