Oceancash expects revenue growth even after Afta

Mesdaq-listed Oceancash Pacific Bhd (OPB) sees sustainable revenue growth despite the intense competition that will come with liberalisation of the local market under the Asean Free Trade Area (Afta).  

Managing director Tan Siew Chin said: “The local resinated felt and non-woven cloth markets will be over-saturated if new players were to come in, because OPB has already captured 70% of the local felt market and 60% to 70% of the non-woven cloth market.”