MOLECOR Joint venture to produce PVC-O pipes in Malaysia PVC-O technology and pipe manufacturer Molecor (Madrid / Spain; www.molecor.com) has entered a memorandum of understanding (MoU) with Malaysian investment and manufacturing group Fitters Diversified Berhad (Kuala Lumpur; www.fittersgroup.com), to invest in creating Molecor (SEA) as part of the Spanish company’s expansion strategy.
Established in Malaysia almost 30 years ago, Fitters’ principal activities are in fire-safety materials, equipment and fire-prevention systems. The newly-formed joint venture is reported to be the first company in South East Asia to produce PVC-O pipes using the Molecor technology. Published on 11.02.2014
this fitters will fly soon ! target 1.20 !! next week quarter result out ! will be best of the year after so long !~ grabs now and ride with the rocket !!~
TP at rm1. if got contract from genting it would be better. i think they should focus more on their core business rather than trying hard in property sector
fitters....give lah dividen to reward our royalties. Then price up , valuation on com increase , reputation will increase too. Tambun already lead by eg. If u love your com , ceo or owner of fitters should create value to the com. how ? the most simple way......give at least 5 % yield div then fitters will be malaysian lover.....
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