Monday, 23 April 2012

News Highlights - Proton Holdings, Oldtown


Proton Holdings Bhd (RM5.48/share)
Plans to export Preve by mid-year
Proton Holdings Bhd plans to export the Proton Preve by the middle of this year, said its top executive. Group Managing director Datuk Seri Syed Zainal Abidin Syed Mohamed Tahir said it would start with Indonesia and Thailand. He said the Proton Preve, which had received 2,800 bookings since its launch, 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 begin operations at its new factory in Ipoh by the third quarter of this year. Executive director Clarence Leon D’Silva said the new factory would increase its current manufacturing by five times. This is to cater to the expected higher demand for its beverages and new products over the next few years. – Business Times

Source: AmeSecurities 

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