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Plastic mould maker Sanichi Precision Mould Bhd expects to finalise a joint-venture deal worth RM20mil a year with a Portuguese partner next month, saying this would help it achieve its revenue forecast of RM40mil for the year ending June 30, 2008.
Precision mould fabricator Sanichi Technology Bhd is banking on new markets and products to boost revenue contribution from exports to 60% in the current financial year from 50% previously.
Precision mould fabricator Sanichi Technology Bhd expects exports to contribute 60% to revenue compared with the current 13% with new markets and new products, said group executive director Collin Gwee.