Wegmans Holdings Berhad (IPO)

STOCK SYMBOL : WEGMANS: 0197

March 2018

Proceeds raised: RM43.5 million

About Wegmans Holdings Berhad

Wegmans Holdings Berhad, through its subsidiary Wegmans Furniture, designs, manufactures, and sells wood-based home furniture primarily to wholesalers and retailers. With a strong focus on quality and design, the Group achieved impressive revenue and profit growth between FYE 2014 and FYE 2016. Exporting to 14 countries, over 98% of its revenue came from international markets in FYE 2016 and FPE 2017. Wegmans has also earned multiple industry awards for its product excellence.