Qew Group Berhad (QGB) is undertaking a significant overhaul of its investment strategy as part of a broader initiative to realign and restructure its activities. This strategic shift aims to reinforce the Group’s position in the global investment arena, ensuring sustained growth and stability.
Central to this transformation is QGB’s decision to redeem all its Redeemable Preference Shares – Islamic (RPS-i) by the end of the financial year. This move is a key element in strengthening the Group’s corporate and financial framework, paving the way for QGB to evolve into a publicly listed entity and a leading global investment platform.
The redemption of RPS-i represents a pivotal exit from QGB’s current business and investment portfolio. The Group will refocus its efforts on long-term investment projects with superior profit margins and positive societal impacts. These include ongoing ventures in sectors such as mining, telecommunications, real estate development, healthcare, and factoring services.
This strategic divestment is designed to optimise QGB’s operations and financial performance. The restructuring is expected to enhance the company’s value, with anticipated improvements in earnings per share (EPS) and financial ratios, making QGB more appealing to both institutional and retail investors.
In addition to the RPS-i redemption, QGB is progressing with a foreign direct investment (FDI) application, underscoring its commitment to executing this strategic initiative successfully.
The management of Qew Group Berhad is confident that this restructuring aligns with the Group’s long-term vision, ensuring investment stability and fostering continuous growth.
