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

The Edge Markets LogoThe Edge Markets1 mo ago

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: theedgemarkets.com

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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About The Edge Markets

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Official Website: theedgemarkets.com

Update Frequency: 109 posts per day

Year Established: 1994

Headquarters: Malaysia

News Last Updated: 8h ago

Coverage Areas: Malaysia

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Publication Timezone: GMT +8:00

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