<div class=newsTextDataWrapInner><p>This article first appeared in <em>The Edge Financial Daily</em>, on December 31, 2015.</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p><strong>Only World Group Holdings Bhd (+ve)</strong></p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>SHARES of OWG (Fundamental: N/A, Valuation: N/A) triggered our momentum algorithm for the second time this month, dropping 0.7% to an all-time high of RM3.03 yesterday.</p></div>

<div class=newsTextDataWrapInner><p>According to The Edge Financial Daily, OWG expects to seal an investment deal in the upcoming months. OWG, which aims for a 50% growth in revenue for FYJun2016, is targeting its new theme parks and food service outlets at Komtar tower in Penang to be operational by April or May next year.</p></div>

<div class=newsTextDataWrapInner><p>Just two months ago, OWG acquired a 60% stake in Escaperoom Holdings Sdn Bhd (EHSB) for RM5.4 million. EHSB is mainly engaged in providing real-life physical adventure games via its registered brand Escape Room.</p></div>

<div class=newsTextDataWrapInner><p>OWG is primarily involved in the operation of food service outlets and central kitchen, which accounted for 73.8% of FY2015 revenue. The company also operates water amusement parks and family attractions in the Klang Valley and Genting Highlands.</p></div>

<div class=newsTextDataWrapInner><p><img alt="owg_swm_fd_311215" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/owg_swm_fd_311215.png" /></p></div>


This article first appeared in The Edge Financial Daily, on December 31, 2015.

 

Only World Group Holdings Bhd (+ve)

SHARES of OWG (Fundamental: N/A, Valuation: N/A) triggered our momentum algorithm for the second time this month, dropp...

Stock With Momentum: Only World Group Holdings

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