News Snapshot:
SHAH ALAM: State investment arm Kumpulan Perangsang Selangor Bhd (KPS) has targeted annual revenue growth of between 5% and 10% following its shift in focus to manufacturing from the infrastructure and utility sectors. KPS managing director and CEO Ahmad Fariz Hassan said the manufacturing sector contributed between 85% and 90% to its total revenue after it implemented a business transformation plan (BTP) in 2016. “Since 2016, KPS has invested in several local manufacturing companies. It is now actively exploring similar opportunities abroad,“ he said at a press conference after launching its new logo. Selangor Menteri Besar Datuk Seri Amirudin Shari...
