Fortune Tac, Luster's glove JV partner, has given a guarantee that the aggregate profit before tax for the first two years of the operations will not be less than RM200 million.
Is time to build up a strong fundamental basis of the company share prices. Due to increase covid 19 is really an opportunity to push up the share prices. More people will buy when share prices keep going up
Type Announcement Subject MEMORANDUM OF UNDERSTANDING Description MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN LUSTER INDUSTRIES BHD ("LUSTER" or "THE COMPANY"), AND JIANGSU SUZHONG CONSTRUCTION GROUP CO.,LTD AND CHINA TIANYING INC. The Board of Directors of Luster wishes to announce that Luster had entered into a Memorandum of Understanding (“MOU”) with Jiangsu Suzhong Construction Group Co, Ltd (“Jiangsu”) and China Tianying Inc (‘CTI”) to record their understanding relating to the cooperation, construction and operation of the Integrated Waste to Energy Industrial Park Facility propose to be established in Kedah, Malaysia (the “Project”) subject to a definitive Cooperation Agreement to be entered into between the Company, Jiangsu and CTI.
The PIC for the glove project looks with good hands-on experiences somemore is operating glove plant all along, It is potential. In terms of skill and knowledge, believe is more solid compare to other new players which depends on third parties... for the Big four, which companies is not direct handling by the owner and running well, appointing third parties may slow down the progress , output efficiency. For long term operation, the management and technical team is very important... By the way, their setup cost is the lowest among others, ROI is much better
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kdginvest
217 posts
Posted by kdginvest > 2020-10-20 09:52 | Report Abuse
LUSTER EXPECT TO LIMIT UP TODAY!