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Sorento Capital Bhd is a Malaysia-based company. The Company is principally involved in the marketing, distribution, and sale of bathroom and kitchen sanitary wares. It has a range of bathroom and kitchen sanitary ware products under its house brands, namely Sorento, which is its flagship brand; Mocha; Cabana, and i-Born. It is also the appointed distributor for foreign third-party brands of bathroom and kitchen sanitary ware products, namely Bravat and Infinity. It markets and sells its products directly to end-customers through third-party e-commerce platforms, namely Lazada, Shopee, and TikTok. The Company's bathroom and kitchen sanitary wares include a range of offerings, which comprise wash basins, water closets, Jacuzzi and bathtubs, bathroom furniture, bathroom faucets, shower and bidets and bathroom accessories, kitchen sinks, and kitchen accessories. Its subsidiaries are Sorento Sdn Bhd, Beyond Bath Sdn Bhd, Nautical Sanitaryware Sdn Bhd, and Ideal Bath Sdn Bhd.
Bursa Malaysia Securities Bhd has fixed the lower limit price of Paragon Union Bhd (KL:PARAGON) at RM2.29 after the stock hit its static limit-down for two consecutive trading days.
Shares of Paragon Union Bhd (KL:PARAGON) extended their slide on Monday morning, hitting limit down for a second consecutive session after tumbling nearly 30%.