An eight-year struggle for Brahim’s - News Summed Up

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An eight-year struggle for Brahim’s


AS the sole in-flight caterer for then Malaysian Airline System Bhd (MAS), which is now known as Malaysia Airlines Bhd (MAB), Brahim’s Holdings Bhd was doing well until the national airline’s restructuring in August 2014. Brahim’s eventually inked a settlement agreement with MAS to release a portion of the withheld payments back to Brahim’s. Brahim’s came into the limelight in late 2020, following the emergence of lifestyle food and beverage operator Focus Dynamics Group Bhd as its substantial shareholder. Last July, Brahim’s raised RM11.34 million by placing out 70.89 million new shares at 16 sen each. Prior to the name change in June 2011, Brahim’s was known as Tamadam Bonded Warehouse Bhd, which was founded in 1982.


Source: The Edge Markets April 26, 2022 19:06 UTC



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