PETALING JAYA: RCE Capital Bhd
could reap interest income of RM270,000 in the first year operations of its joint venture (JV) with Southern Bank Vietnam (SBV), said Kenanga Investment Bank Bhd.
The JV to set up a finance company in Vietnam was forecast to generate full-year sales of up to RM4.1mil in its first year, translating into interest income of RM870,000, Kenanga said its update report.
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