Rationale of the Acquisition The Acquisition is to cater for the expanding production activities which shall form part of the Group’s on-going business expansion plans. The Land is located at Mukim Jalan Bakri where all the Group’s manufacturing plants are located in close vicinity for ease of administrative control over production costs as well as quality of their products, leading to quicker time-to market, more efficiency and greater economies of scale. The acquisition facilitates the relocation to Muar Furniture Park which is in line with the State Government of Johor’s aspiration for the orderly development and growth of the furniture industry in the District of Muar.
MUIIND will sell Corus Hotel Hyde Park in London for more than rm1 billion. after that the big boss will privatise PMHLDG . no point of keeping this small company listed .for those who aim high capital gain, buy PMHLDG .
Congrats to all the holders.. though I hv already sold all 2 days ago.., keep going up..everyone happy. Furniture stock will be powering up. Pohuat should be the next...
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....
pang72
51,275 posts
Posted by pang72 > 2019-07-10 17:14 | Report Abuse
Foong siling inside!!
Good stock mah...
Slowly la...
Uncle come in rm1. 00 la