Senheng set to spend RM74mil on capex this year
11 days ago
Senheng is confident of increasing its market share in the consumer electronics retail sector to 30% in 2025 from 13% in 2020. KUALA LUMPUR: Consumer electrical and electronics retailer Senheng New Retail Bhd is set to spend RM74.3 million on capital expenditure (capex) for 2022. Executive chairman Lim Kim Heng said RM49 million of the sum will be used to launch 21 new or upgraded stores this year.