C.I. Holdings Bhd is still evaluating new investment opportunities after disposing of Permanis Sdn Bhd, says its managing director Datuk Johari Abdul Ghani.
"Since after the disposal deal, there is nothing concrete yet, but we are looking at all possible business ventures.
"We do not limit ourselves to any industry except for the property and Oil and Gas sectors because I do not have experience and expertise in these two sectors," he told reporters after the company's extraordinary general meeting (EGM) in Kuala Lumpur today.
He said he is looking into the possibility of turning around companies, even unprofitable ones, as long as he is confident that he can improve the business and create value to the shareholders.
"I am open to any industry, as long as the business can make good money and maximise shareholders' value and it is at the right price," he said.
On the EGM, the shareholders approved the proposed capital repayment of RM71 million to the shareholders of CIH on the basis of RM0.50 for every ordinary share of RM1 each held in the company. -- BERNAMA
"Since after the disposal deal, there is nothing concrete yet, but we are looking at all possible business ventures.
"We do not limit ourselves to any industry except for the property and Oil and Gas sectors because I do not have experience and expertise in these two sectors," he told reporters after the company's extraordinary general meeting (EGM) in Kuala Lumpur today.
He said he is looking into the possibility of turning around companies, even unprofitable ones, as long as he is confident that he can improve the business and create value to the shareholders.
"I am open to any industry, as long as the business can make good money and maximise shareholders' value and it is at the right price," he said.
On the EGM, the shareholders approved the proposed capital repayment of RM71 million to the shareholders of CIH on the basis of RM0.50 for every ordinary share of RM1 each held in the company. -- BERNAMA
