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Bursa-bound Pantech sees 27% sales growth
Pipes and fittings maker Pantech Group Holdings Bhd expects strong demand from foreign and local clients to boost revenue to RM216.06mil for the financial year ending Feb 28, 2007.
News iin brief
News briefs on: Pantech IPO covered 29.59 times and VW to open branch in Ipoh tomorrow
Strong debut by Pantech
Pantech Group Holdings Bhd made a strong debut on Bursa Malaysia's main board yesterday, opening at RM2.60 for a RM1.42 premium over its offer price of RM1.18.
Good performance by new listings this year
Most of the companies that listed their shares this year have managed to outperform the market despite the recent spate of heavy selling sparked by concerns that the Chinese government was tightening measures on foreign investments.
Asean a big market for SMEs to tap
The Asean market still holds vast opportunities for local small and medium enterprises (SMEs) to export and create employment opportunities for Malaysians, according to Deputy Minister of Tourism Datuk Donald Lim Siang Chai.
Dubai-based operator pulls out of PKFZ
Jebel Ali Free Zone (Jafza), a Dubai-based and world leading free zone operator, has withdrawn from the management concession for Port Klang Free Zone (PKFZ).
Pantech targets Central Asia
Pantech Group Holdings Bhd, a pipe, fitting and flow control specialist, plans to take part in oil and gas exhibitions overseas to explore markets in Central Asia and the Middle East.
Expansion to lift Pantech sales
Pantech Group Holdings Bhd's overseas sales are set to increase following the setting up of a representative office in Vietnam and its participation in an exhibition in Kazakhstan, which is expected to open new markets.