13 March, 2012 – Malaysian daily, The Sun reported the QI Group’s intention to list its multi-level marketing business, QNet Holdings in the Malaysian Stock Exchange – Bursa Malaysia – in two years.
QNet is the flagship subsidiary and main revenue generator of the QI Group, and any decisions involving the company will have a direct impact on the whole Group.
Hence, Group Director for Investment Management, Mr. Kuna Senathirajah told the newspaper that the company is still waiting for market conditions to improve before it can make this important move.
To read the full online version of this report, please click here.