Silverbird to benefit from expansion


KUALA LUMPUR: The Silver Bird Group (Silverbird), one of the main players in Malaysia's breadmaking industry, will benefit from its expansion plans and new contracts, OSK Research says.

"We have a positive earnings forecast for the 2009 and 2010 financial years with growth of 253 per cent for 2010 as we factor in the full effects of the new contracts in Malaysia and Singapore totalling about RM76 million," it said in an investment research report Tuesday.

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