FOCUS Point Holdings Bhd successfully transferred its entire issued share capital from the ACE Market to the Main Market of Bursa Malaysia Securities Bhd today.

The transfer entails the company’s issued share capital of 329,999,477 ordinary shares.

“We plan to continue to expand our presence locally and regionally by embarking on effective marketing and promotional activities, as well as through expansion of new optical and Komugi outlets,” said its president/CEO Datuk Liaw Choon Liang. 

The group opened its very first Focus Point outlet in Muar, Johor back in 1989 and ventured into the food and beverage business with its first Japanese concept bakery outlet, Komugi, in Kuala Lumpur.

In 2019, it expanded beyond the bakery retail business to include supply of pastry products to large corporate customers supported by its halal-certified central kitchen in Kota Damansara and expansion of its licenced Komugi outlets in overseas markets.

Currently, the group has a total of 186 owned and franchised optical outlets and 32 owned and franchised Komugi outlets in the region of Malaysia, the Philippines and Brunei.

RHB Investment Bank Bhd is the principal advisor for the transfer exercise. — TMR / pic TMR File