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Ni Hsin proposes rights issue of RCPS, diversify into F&B business
KUALA LUMPUR: Ni Hsin Resources Bhd has proposed to undertake a renounceable rights issue of up to 960.1 million redeemable convertible preference shares (RCPS) at an issue price of 0.01 sen each on the basis of two RCPS for every one existing share held.
Ni Hsin to distribute Japan's Wonder chef products
KUALA LUMPUR: Ni Hsin Resources Bhd's unit will distribute Japanese kitchen cookware manufacturer Wonder chef Co. Ltd's products, especially woks and pressure cookers, in Asean.
Caely plans tie-up with China lingerie firms
KUALA LUMPUR: Undergarments manufacturer Caely Holdings Bhd is in talks with several China-based lingerie companies to expand its earnings and business prospects.
China set to become Ni Hsin’s largest export cookware market
KUALA LUMPUR: Cookware producer Ni Hsin Resources Bhd is expecting China to become the company’s largest export market and take over the pole position from Japan.
Ni Hsin sees China as biggest export market
KUALA LUMPUR: Ni Hsin Resources Bhd is expecting China to become its largest export market and take over the pole position from Japan.
Ni Hsin aims to enter China with Pentoli cookware
SERI KEMBANGAN: Ni Hsin Resources Bhd is eyeing to enter the China market with its in-house cookware brand, Pentoli, in a bid to broaden its revenue source.
Ni Hsin ends Buffalo trademark licence agreement
KUALA LUMPUR: Premium cookware maker Ni Hsin Resources Bhd has terminated its trademark licence agreement (TLA) with US-based Standardworld Holding Ltd, which holds the right to the Buffalo brand, so it can realign its direction to the original design manufacturer (ODM) and original equipment manufacturer (OEM) markets.
Ni Hsin sees higher profit with purchase of Ever-Grow
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.
