Mergers call for superb management


  • Business
  • Thursday, 28 Dec 2006

MERGERS provide global benchmarks, says Kuala Lumpur Kepong CEO Datuk Seri Lee Oi Hian. The challenge lies in their superb management. Unlike in the previous boom and bust years, Lee hopes that the edible oil industry has entered into a more sustainable and equitable price regime. The Pelikan group, under the stewardship of Loo Hooi Keat, is again raring to go. Having completed a series of acquisitions in its full financial year, Pelikan is eyeing fast growing markets in Asia and Latin America. Green Packet’s new overseas ventures are expected to see strong financial impact in 2008, says managing director and CEO Puan Chan Cheong. He sees buoyant growth in China, the Middle East and North Africa. 

 

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