KUALA LUMPUR: Red Sena Bhd, the main recorded extraordinary reason securing organization (SPAC) represent considerable authority in sustenance and refreshment, focuses to declare its first qualifying procurement (QA) before February 2018.
Its business advancement executive Ian Yoong Kah Yin said the organization has been screening more than 50 potential arrangements over the district, including from Malaysia, Indonesia, Vietnam, Thailand and Singapore.
"This year would be a decent year for resource securing in the F&B part, contrasted with in the most recent two years.
"Gainfulness has topped for the F&B segment in the Asean district in budgetary years 2015 and 2016. More organizations might need to offer their benefits or a portion of their business this year," he told correspondents after Red Sena's AGM on Tuesday.
Red Sena was the main SPAC that has some expertise in F&B. A SPAC has no income creating resources at the season of posting.
It raised about RM400mil from first sale of stock in December 2015 of which 92% of the returns was kept in a trust account.
As at end-December 2016, its trust account had RM374.06mil.
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