Quick take: Brahim’s active, jumps 26% in early trade

July 17, 2019 editor Brahim S 9, Stock On The Move

KUALA LUMPUR: Shares in Brahim’s Holdings Bhd jumped more than 26% in early trade on Wednesday.

The counter rose 26.09%, or three sen to 14.5 sen with over nine million shares traded. In the past one year, the counter has fallen some 63%.

Brahim’s marketing and distribution arm, Dewina Holdings Sdn Bhd, is aiming for a 10% increase in sales of its meals-ready-to-eat packs during the first year of its venture into e-commerce.

Dewina group managing director Nur Fatin Ibrahim said with good promotion and great service, the company would be able to achieve the 100,000 meal packs sales target.

Brahim’s has earlier launched its online stores on Lazada and Shopee e-commerce platforms.

More than 50 Brahim’s products, ranging from rice, porridge and a variety of dishes to ready-to-cook sauces and pastes, are offered in the online stores.

Source: TheStar