Journey to Wealth
News Highlights - Proton Holdings, Oldtown
Proton HoldingsBhd (RM5.48/share)
Plans to export Preveby mid-year
Proton Holdings Bhd plans to export the Proton Preve by themiddle of this year, said its top executive. Group Managing director Datuk SeriSyed Zainal Abidin Syed Mohamed Tahir said it would start with Indonesia andThailand. He said the Proton Preve, which had received 2,800 bookings since itslaunch, would be marketed in Australia by the end of the year. ' Business Times
Oldtown Bhd(RM1.55/share)
New plant to start'brewing' in Q3
Oldtown Bhd, the 'kopitiam' chain operator, expects to beginoperations at its new factory in Ipoh by the third quarter of this year.Executive director Clarence Leon D'Silva said the new factory would increaseits current manufacturing by five times. This is to cater to the expectedhigher demand for its beverages and new products over the next few years. 'Business Times
Source: AmeSecurities
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