Artwrights’ revival

TheStar Sat, Aug 29, 2020 08:20am - 3 years View Original


New venture: Yong with some of the company’s products. The onslaught of the Covid-19 pandemic has opened up new opportunities for AHB, namely the design and manufacture of its Covid-19 glass panels and mobile medical hub.

AHB Holdings Bhd, or Artwright Holdings Bhd as it is known before, is one of the older companies listed on Bursa Malaysia and is beginning to see a revival of sorts after falling off the radar of investors.

The premium office furniture expert saw the entry of Tunku Yaacob Khyra, the Negri Sembilan royalty who owns MAA Group Bhd, as a new substantial shareholder on July 27.

Tunku Yaacob acquired 13.69 million shares shares in AHB in a private placement exercise, translating into a 7.22% stake in the company.

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