ENEST GROUP BERHAD
(Bursa: 03025)

Our Company was incorporated in Malaysia under the Act as a private limited company on 9 April 2018 under the name Enest Group Sdn. Bhd. On 16 November 2018, we were converted into a public limited company and assumed our present name to facilitate the listing of our Group on the LEAP Market. Our Executive Chairman and CEO had extensive experience in different segments of the bird’s nest industry value chain. Prior to the incorporation of our Group, our Executive Chairman, Tan Heng Guan, founded Sri Kerdau Bird Nest Sdn. Bhd. and operated a swiftlet farming business in 2014, which accorded him with a strong background in this segment. Meanwhile, our CEO, Tan Teh Jie was involved in the distribution of edible bird’s nest through the incorporation of Zheng Feng Equity Sdn. Bhd. in 2013 and thus, had established a strong network of customers. We secured our first international sale when we secured a contract to export edible bird’s nests to Hong Kong in April 2016. In August 2016, Ye Lin was incorporated to facilitate our future expansion into the distribution and retail of bird’s nest products marketed under our brand name in China. As at the LPD, Ye Lin has yet to commence operations. It is expected to commence operations at end of 2019 or early 2020, as it is in the midst of applying for the Permit for the Quarantine of Entry Animals and Plants in China for importing purposes. In March 2017, we expanded our geographical reach into the Australian market when we secured our first export sale from the country. We subsequently began exporting edible bird’s nests to Singapore in November 2017. Ming Feng attained its export licence to market to China in June 2018 and consequently began exporting edible bird’s nests to China in July 2018. Dynamic Transforms was subsequently acquired by Ming Feng in May 2018 to further expand our business operations. The acquisition of Dynamic Transforms benefits us with immediate access to additional processing facility and workforce, so that we are better-positioned to tap into China market by increasing our export of edible bird’s nests to China.

0.140

- (-%)
Range 0.140 - 0.140   (-%)
Open 0.140
Previous Close 0.140
Bid Price 0.140
Bid Volume ('00) -
Ask Price 0.140
Ask Volume ('00) -
Volume ('00) 714
Value -
Remark
Delayed prices. Updated at 20 Oct 2021 16:26.
Data powered by
View All Events


Loading Chart...

Please login to view stock data and analysis