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PCCS Group Bhd has long been known as a garment manufacturer and a label maker, but as the second generation of the family-run business takes over, the focus of the group is beginning to change.
KUALA LUMPUR: PCCS Group Bhd's wholly-owned subsidiary La Prima Medicare Pte Ltd (LPM) has entered into an exclusive distribution agreement with China-based developer of medical equipment, Shanghai Shenqi Medical Technology Co Ltd within the Asia-Pacific region.
PETALING JAYA: PCCS Group Bhd will enter a joint venture (JV) to diversify into used car financing and insurance business.
ALAM Maritim Resources has been range-bound, attempting to build concrete platform for recovery following a mild rebound from the near eight-year lows of 36.5 sen recently. Technically, indicators are mixed, implying prices are likely to fluctuate within the existing range on extended consolidation until a clearer picture emerges. A crack of the 45-sen floor will lead to a re-test of the historical ebb of 35 sen. Initial resistance is expected at the 51.5 sen barrier and a successful penetration of the upper 200-day simple moving average of 56.5 sen would see the fate of this counter turning brighter.
BATU PAHAT: Demand for apparel in the global market has shot up steadily since last year and the trend is likely to remain positive in the next few years. PCCS Group Bhd executive chairman and group managing director Chan Choo Sing(pic) said the garment and textile industry was now recovering after the slowdown of 2008 and 2009.