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Cookware and convex mirror manufacturer Ni Hsin Resources Bhd sees an additional profit of RM2.7mil in the financial year ending Dec 31, 2008 (FY08) with its acquisition of the remaining 49% equity interest in Ever-Grow Advanced Materials Sdn Bhd.
Ever-Pro Sdn Bhd, the sole distributor of Ni Hsin Corp Bhd's Buffalo brand cookware in Malaysia, expects its Buffalo Lifestyle Corner chain of retail stores to rake in RM10mil turnover next year.
KUALA LUMPUR: Ni Hsin Resources Bhd plans to venture into the photovoltaic systems market with Helios Photovoltaic Sdn Bhd (HPSB).
PETALING JAYA: Stainless steel cookware Ni Hsin Resources Bhd, which is diversifying into the solar energy industry, has proposed to acquire the entire issued and paid-up share capital of Helios Photovoltaic Sdn Bhd by issuing new Ni Hsin shares at 38 sen apiece.