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 a direct business transaction (DBT) 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 establishing a solid platform of operations to cater for its expansion and growth plans, ” it said in a filing with Bursa Malaysia.
Brahim’s is an in-flight catering services provider, with business spanning various verticals including logistics, storage, catering and restaurant services.
Its central kitchen, which is recognised as the world’s largest halal central kitchen, caters for up to 60,000 meals per day.
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bleuerouge
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Posted by bleuerouge > 2020-05-17 00:30 | Report Abuse
take a look at Brahims chart, presenting HH & HL, 3rd wave coming soon. Book your tickets early !!!