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Overview

Kanger was previously focused on manufacturing and trading of bamboo flooring, furniture, and bamboo-related products for residential and commercial markets, in conjunction with an original equipment manufacturer (“OEM”) to fulfill customers’ demand.

As part of its long-term strategy, the Group is streamlining its businesses to focus mainly on the construction segment. To meet this objective, the Group has disposed its Chinese subsidiaries, Ganzhou Kanger Industrial Co. Ltd (“Ganzhou Kanger”), which is involved in bamboo manufacturing and trading as well as property and investment management and Yanshan (County) Kanger Bamboo Industry Co. Ltd. (“Yanshan Kanger”) which is involved in manufacturing and trading of bamboo flooring and related products.

In June 2021, the Group expanded into the construction business to diversify its revenue stream which incldued building constructions, civil engineering and other construction related activities.

In August 2021, Kanger Medical International Sdn. Bhd. (“KMI”), a wholly-owned subsidiary of Kanger, has ventured into the distribution and sale of high-quality 4-ply surgical face masks under the brand, “Common mask”.

Kanger has also expanded its international portfolio of investment properties into Genting Highlands in January 2021 with the acquisition of 126 units of serviced apartments located on 30th to 45th floors of Tower A, Antara Genting Highlands Resort Suites (“Antara @ Genting Highlands”). It is located approximately 850 meters away from SkyAvenue, a prominent shopping mall of Genting Highlands.

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