CGS-CIMB Research analyst William Tng is positive on Koda as he undertakes a preliminary assessment on the SGX-listed furniture manufacturer in an unrated report dated June 21.

Koda, which was founded in 1972, is a sole proprietorship that deals in furniture. The business began as a wooden cabinet maker, and has expanded its range of offerings to include solid-wood dining, living room, as well as bedroom furniture.

See also: Koda posts 2% drop in FY19 earnings to $7.4 mil; declares 2 cents final and special dividend

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