SSF Successfully Concludes AGM With Shareholders’ Support

Group Remains Dedicated To Expanding Its Market Presence

KUALA LUMPUR, 10 OCTOBER 2024 – SSF Home Group Berhad (“SSF” or the “Group”), a well-known retailer in furniture, home décor, and home living products, is pleased to announce the successful completion of its Second Annual General Meeting (“AGM”) held today in Petaling Jaya. The AGM, attended by shareholders in person, highlighted the Group’s resilience and commitment to strategic growth.

During the AGM, shareholders approved key resolutions which include the adoption of the Audited Financial Statements for the financial year ended 30 April 2024, and the re-election of directors. The meeting also saw the approval of the issuance of new shares and other significant measures aimed at sustaining the Group’s growth trajectory and enhancing shareholder value.

Mr. Wong Choong Loong, Managing Director/ Chief Executive Officer of SSF Home Group Berhad commented, "We are grateful for the continued support and trust our shareholders have placed in us. Today marks not just a reflection of our past achievements but a stepping stone towards greater heights. With 43 stores nationwide, including the latest in Danga Utama, Johor Bahru, our journey of growth and innovation continues. Together, we stride confidently into a future filled with opportunity and success.”

Looking ahead, SSF will continue to focus on expanding its retail footprint and leveraging its online platform to reach a broader customer base. The Group remains optimistic about its future, supported by its strategic initiatives and a robust operational model.

As at 10 October 2024, 5:00 P.M., SSF’s share price closed at RM0.33 with a market capitalisation of RM264.0 million.