A Rock Group eyes acquisition chances to grow foothold
By Zarul Effendi Razali
KUALA LUMPUR, Jan 1 — Life style developer A Rock Group Holdings Bhd is actively seeking for growth opportunities by merging or acquiring new businesses to make sure it continues to expand and offer prime high-quality providers submit-pandemic.
The pandemic has been a disruptive variable to the tourism sector, which indicates there are chances to tap into, said Marco Hong, chief government officer (CEO)/director of A Rock Limestone Bhd, a subsidiary of A Rock Group.
“We believe that for each and every disaster, there would be a market changer and leader. We are searching for same-minded entrepreneurs and investors to develop value by our tasks,” he told Bernama in an interview.
For this reason, the firm is targeting the hospitality and tourism field according to the changes in equally purchaser paying out patterns and market construction submit-COVID-19, explained Yan Ng, CEO/director of A Rock Coral Reefs Bhd, another subsidiary of A Rock Group.
“We are happy that our 1st task A Rock Coral Reefs (a Maldives idea vacation resort) in Langkawi is completely ready to serve not only the local but also the international current market. We have also started the 2nd project — A Rock Limestone, due to the fact we believe in Langkawi’s potential,” he explained.
A Rock Limestone is a concept resort created following the entire world-renowned holiday spot in Santorini, Greece.
“Besides, the pandemic will finish with the arrival of the vaccine and the tourism market will rebound. For the duration of this difficult time even though most providers are struggling to survive, we are relocating ahead,” explained Ng.
Apart from its project in Langkawi, with its financial means, the group can support those who are terribly afflicted by the pandemic, he included.
“We are looking for strategic associates with property and solutions in the tourism sector. The cause we can do this is since of our monetary power.
“Together, we believe our team and its company associates will crank out earnings by a mixture of continuous earnings streams, ranging from retail, commerce, and hotel management companies,” reported Ng.
— BERNAMA
