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LUK FOOK HOLD Opens Malaysia Branch, Optimistic About Overseas Mkt Potential
Recommend 7 Positive 6 Negative 3 2025/06/03 09:10 GMT
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LUK FOOK HOLD (00590.HK) opened a branch in Penang, Malaysia. The Group remains optimistic about the long-term development potential of overseas markets and proactively seizes opportunities arising from the growth of the tourism industry in Southeast Asia to expand its regional business presence, Chairman and Chief Executive Officer Wong Wai Sheung said. In particular, with Malaysia's position as a regional hub, the establishment of a new store in Penang not only extends the Group's retail network in Southeast Asia, but also enhances the influence and market penetration of the Lukfook brand locally, further consolidating the Group's market position in the region.
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