$LWSABAH (5328.MY)$They stated during the IPO live broadcast...

$LWSABAH (5328.MY)$They stated during the IPO live broadcast that their mineral water almost monopolizes the Sabah market. The main purpose of this IPO is to enter the Sarawak and Brunei markets, consolidate the Sabah market, and they also mentioned that they have purchased land in Indonesia for the new capital market in Kalimantan, Indonesia.
Sabah is also a tourist destination, attracting countless tourists from china and around the world every year. For tourists visiting the sunny Malaysia, the most important thing is mineral water. If you have some understanding, you will know that the number of tourists in Sabah is constantly doubling, and the government is vigorously improving and promoting tourism in Sabah, already implementing expansion plans for the airport.
Unlike the competitive environment with numerous brands in West Malaysia, the LWSABAH brand has already penetrated every Sabahan and has no competitors.
I estimate that they will reach at least 1.50 within this year and around 3.5 next year.