Owner: Sher Zouy Tay
Access Type: SHARED
Investment holding more than 2 year
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Noodle Man's

As quoted by Minister of Plantation & Natural Resources, Indian government will increase the quota of import for Malaysia medication hand glove via treaty of MICECA pack’s. The agreement has agreed on Jul 2011 and enforced since then.
 
 
I exerted the opportunity as the following facts getting from news paper.
 
The following are the effect of the MICECA export quota:
1.       On 2011, Rubber product that Export to India had increase to 28% or worth RM 122,000,000, compare to
2.       On 2010, Total Natural Rubber Latex exported to India worth RM94,700,000
 
Hand grove rubber product exported to India for the past 4 years recorded as following:
1.       2007, RM13,400,000 until 2011, RM67,000,000
 
India imported rubber product weighted 55% of overall Natural Rubber Latex products exported to India. The other three major rubber latex products exported to India as following:
1.       Raw rubber RM15,000,000
2.       Rubber hose RM13,000,000
3.       Tubeless Tyre RM6,000,000
 
So my take, as following:
1.       Topglove
2.       Kossan

2012-07-05 09:04

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