Kota Kinabalu: Two Sabah companies will be listed on Bursa Malaysia. They are Life Water Berhad which will be listed on the Main Market, and, Colform Group Berhad on the ACE Market.
This was revealed by FMM Sabah Branch head James Ha at the inaugural FMM Sabah Luncheon and Dialogue 2024 with Industrial Development and Entrepreneurship Minister Datuk Phoong Jin Zhe, Thursday.
“This reflects a promising outlook for Sabah’s economy. However, FMM hopes that the government will continue to support and facilitate the growth of Sabah’s manufacturers, enabling more companies to be listed on the KL Stock Exchange,” he said.
James noted that the Department of Statistics has stated that the GDP of Sabah’s manufacturing sector grew by 4.4 per cent, surpassing the national average growth of 0.8 per cent and making it the highest manufacturing growth in the country in 2023.
