KUALA LUMPUR (Jan 18): C.I Holdings Bhd is exploring the opportunities to acquire businesses that can potentially grow the company further in the future, said its managing director Datuk Johari Abdul Ghani.
Johari said the company was in talks with many people at the moment and would not rush and limit itself.
“But we are not looking at oil and gas and property as we don't have the expertise to deal with that businesses," he said after the company's EGM on Wednesday.
Johari added that C.I Holdings was also looking at any potential acquisition within the building material industry that can potential expand its existing tapware and sanitary business further.
“It can be a small company waiting for growth or big ones at the losing concerns.
“But we will only look at those opportunities where we can control the company (controlling stake) so we can grow it easier," he said.
Johari said the company was in talks with many people at the moment and would not rush and limit itself.
“But we are not looking at oil and gas and property as we don't have the expertise to deal with that businesses," he said after the company's EGM on Wednesday.
Johari added that C.I Holdings was also looking at any potential acquisition within the building material industry that can potential expand its existing tapware and sanitary business further.
“It can be a small company waiting for growth or big ones at the losing concerns.
“But we will only look at those opportunities where we can control the company (controlling stake) so we can grow it easier," he said.
