Snowfit Group debuts on LEAP Market at 16 sen, aims to focus on massage, wellness products

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Snowfit Group debuts on LEAP Market at 16 sen, aims to focus on massage, wellness products

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(From left) Low, Snowfit non-independent non-executive chairman Datuk Dr Khiu Fu Siang and Bursa director of origination and listing Azhar Mohd Zabidi.

He said the industry, which grew at a compound annual growth rate (CAGR) of 23.4% from RM90.4 million in 2016 to RM209.6 million in 2020, is forecast to grow at a CAGR of 19.5% between 2021 and 2023 from RM242.1 million to RM345.6 million.

"As a young company with young people managing the company, we believe happiness creates productivity and hope that we all can grow together to provide a better service and products of health and wellness in Malaysia," he said.

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Article Details

Category: InvestingFinance

Topics: Group Snowfit Million Company Wellness Massage Equipment Market Listing Malaysia Industry

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-21, 05:15:00

News Timezone: GMT +8:00

News Source URL:

Language: English

Reading Time: 3 minutes read

Article Length: 535 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 1582

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