DKSH and SGS extend auditing and certification partnership for another three years
07.12.2012 | DKSH, the leading Market Expansion Services provider with a focus on Asia, extends its system and services certification partnership with SGS, the world’s leading inspection, verification, testing and certification company, for the audit and certification of 20 sites in more than ten countries.
Zurich, Switzerland, December 7, 2012 – DKSH Business Unit Healthcare, the leading outsourcing services partner for healthcare companies in Asia, provides a wide range of commercial services to over 150 multinational pharmaceutical, medical devices, Over-The-Counter (OTC) and consumer health companies across Asia.
One of the cornerstones of the unique services capability mix of DKSH across all healthcare channels is its strong focus on quality and compliance. To sustain our excellent service levels, DKSH is extending the existing partnership with SGS for another three years. Under the agreement, SGS will validate and certify the 20 dedicated healthcare quality management systems in more than ten countries across Asia according to ISO 9001:2008, ISO 13485, Good Manufacturing (GMP) as well as Good Distribution Practice (GDP) standards.
The growing complexity of the healthcare value chain, the widely scattered healthcare outlets, as well as climate and infrastructural challenges in emerging markets across Asia, demand highest levels of quality and compliance from service providers. These certifications are global standards and proven indicators, and provide the assurance for high-quality and compliant services in the healthcare industry.
SGS has been certifying DKSH’s logistics and distribution infrastructure and capabilities for over ten years, including the ISO 9001:2008 and ISO 13485 certifications of all dedicated healthcare distribution centers across Asia. Most recent certifications obtained were the ISO 13485 in Singapore and Korea as well as GDP in Malaysia.
"We are very pleased that DKSH Healthcare is extending the close partnership with SGS across the region. DKSH has set the benchmark for quality and compliance in the Market Expansion Services industry in Asia and we look forward to further auditing and certifying their services," says François Marti, Executive Vice President for Systems & Services Certification, SGS.
Charles Toomey, Head Business Unit Healthcare, DKSH, adds: "Our close partnership with SGS enables us to stay ahead of the game by not only complying with global quality standards and requirements but also by strengthening our leadership position in quality and compliance in the healthcare services outsourcing industry across Asia. The extension of our partnership with SGS will support us in further enhancing the quality of our Market Expansion Services for all of our clients and customers.
About DKSH
DKSH is the leading Market Expansion Services Group with a focus on Asia. As the term "Market Expansion Services" suggests, DKSH helps other companies and brands to grow their business in new or existing markets.
Publicly listed on the SIX Swiss Exchange since March 2012, DKSH is a global company headquartered in Zurich, with 650 business locations in 35 countries – 630 of them in Asia, and 26,000 specialized staff. In 2011, DKSH generated net sales of CHF 7.3 billion.
DKSH Business Unit Healthcare is the leading Market Expansion Services provider for healthcare companies seeking to grow their business in Asia, offering a wide range of solutions that extend from product feasibility studies and registration to importation, customs clearance, marketing and sales, to physical distribution, invoicing and cash collection. Products available through DKSH Healthcare include ethical pharmaceuticals, consumer health, over-the-counter (OTC), as well as medical devices.
With 150 business locations in 13 countries and over 8,000 specialized staff, Business Unit Healthcare serves over 160,000 customers and generated net sales of around CHF 2.9 billion in 2011.
About SGS
SGS is the world’s leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 70,000 employees, SGS operates a network of over 1,350 offices and laboratories around the world.
Each week new economic and corporate data appear to confirm an inescapable truth: Companies in the West are having to work harder to grow, increase revenues and cut costs as the global economy struggles to recover. In Europe and the US, where consumer spending growth is fragile, companies are increasingly seeking to enhance effectiveness and improve the bottom line by outsourcing activities not within their core competencies. Meanwhile halfway across the globe, in Asia, a different story is unfolding as new consumer groups and opportunities are emerging. The trend is particularly strong in South East Asia, one of the fastest growing regions. In countries such as Thailand, Malaysia or Vietnam, the middle class is expanding so rapidly that Asia Pacific’s share of global consumption is expected to almost double within the next decade. By 2020, the region is projected to account for more than 40% of world consumption – more than that of Europe and the US combined. In fact, Asia Pacific has already overtaken North America in terms of inter-regional trade and has evolved into an industrial production powerhouse. In addition, Asia’s importance as a sales and sourcing market is continuously growing.
The investment goods segments are projected to outgrow the consumer segments in the next five years, as emerging nations seek to grow their industrial base and exploit the gains of their improved technical prowess. In addition, emerging markets are investing heavily in infrastructure, such as roads, energy and water supplies, and schools. This creates the need for new technological and chemical components, many of which will be supplied by companies from outside the country as local industries struggle to keep pace, and are often not able to provide the required equipment and materials at all.
Hmm..resistance at 2.28.potential for uptrend mode.Latest Q result shows profits up 11.8m vs 10.4m.Lembaga Tabung Angkatan Tentera holdings this stock..smile--)
Current Year Quarter Financial Period from Date : 2012/12/31 Financial Period to Date : 2012/12/31 Revenue : 1209056 Profit/Loss before Taxation, MI and EI : 49667 Profit/Loss after Taxation and EI : 41155 Profit/Loss after Taxation : 42315 Basic Net EPS (Sen) : 26.10 NTAB per share (RM) : 1.8759 Gross Dividend per share (Sen) : 0.00
Preceding Year Corresponding Quarter Financial Period from Date : 2011/12/31 Financial Period to Date : 2011/12/31 Revenue : 1042787 Profit/Loss before Taxation, MI and EI : 17244 Profit/Loss after Taxation and EI : 11191 Profit/Loss after Taxation : 12194 Basic Net EPS (Sen) : 7.10 NTAB per share (RM) : 1.4535 Gross Dividend per share (Sen) : 0.00
Current Year to Date Financial Period from Date : 2012/12/31 Financial Period to Date : 2012/12/31 Revenue : 4745524 Profit/Loss before Taxation, MI and EI : 105101 Profit/Loss after Taxation and EI : 77607 Profit/Loss after Taxation : 81655 Basic Net EPS (Sen) : 49.22 NTAB per share (RM) : 0.0000 Gross Dividend per share (Sen) : 7.00
Preceding Year Corresponding Period Financial Period from Date : 2011/12/31 Financial Period to Date : 2011/12/31 Revenue : 4260749 Profit/Loss before Taxation, MI and EI : 67687 Profit/Loss after Taxation and EI : 44098 Profit/Loss after Taxation : 48872 Basic Net EPS (Sen) : 27.97 NTAB per share (RM) : 0.0000 Gross Dividend per share (Sen) : 4.50
This is a growth counter and my target is RM4.00 because the company is going to perform well & more products are under their agencies and the company has good management team.Buy & keep for long term investment.
Top 5 Shareholders DKSH Resources (Malaysia) Sdn Bhd - 74.31% Lembaga Tabung Angkatan Tentera - 9.17% Erwin Selvarajah a/I Peter Selvarajah - 0.69% HMG Finance S.A. - 0.38% APS Asset Management Pte. Ltd. - 0.20%
Why is the price shooting up? .What the heck do they really do other than distribute other peoples products ? Tomorrow their work can be taken over by other MNC's and they can be bankrupt. SO why should I invest in it??
If Malaysia needs to promote the country's brand,do you need tourism agencies and advertising companies?
If a particular product is to be launched,the wholesalers/distributors are front liners.
Company takeover or merger will never go bankrupt but will result in change of nature of business.
DKSH has customers to date like BOH Tea, KRAFT Cheese, OREO Biscuits, FERRERO Chocolate, MEAD JOHNSON Milk Powder, NIVEA Toiletries, QUAKER Oats, INDOCAFE, JC Products, MAMY POKO Baby Diapers, WYETH S-26 Infant Formula, MARTELL Cognac, SHIELDTOX Insecticides.
In Healthcare. companies like Roche, GlaxoSmithKline, Novartis, BMS, Aventis, Boehringer Ingelheim, Eisai, Organon, Leo, Novo Nordisk, Allergan, just to name a few.
Not in the list are 1 Malaysia product,jungle herbs,tongkat ali etc that might make them bankrupt.
DKSH and Pepsico expand their successful partnership in South East Asia
24.04.2013 | DKSH, the leading Market Expansion Services provider with a focus on Asia, and Pepsico, the leading global food and beverage company, have recently expanded their partnership to Thailand, Vietnam, Cambodia, Myanmar and Laos – now joining forces in nine markets in South East Asia.
DKSH, the leading Market Expansion Services provider with a focus on Asia, and Pepsico, the leading global food and beverage company, have recently expanded their partnership to Thailand, Vietnam, Cambodia, Myanmar and Laos – now joining forces in nine markets in South East Asia.
Bangkok, Thailand, April 24, 2013 – DKSH Business Unit Consumer Goods, Asia’s leading Market Expansion Services specialist for fast moving consumer goods, and Pepsico have finalized an agreement under which DKSH will support Pepsico with import, marketing, sales, distribution, logistics and back office services for their imported brands in Thailand, Vietnam, Myanmar, Cambodia and Laos. The collaboration will cover all territories and sales channels within these five markets and will include world famous brands such as Quaker, Ruffles, Lay's Stax and Doritos.
DKSH and Pepsico already have close partnerships in Singapore, Malaysia, Hong Kong and China, where DKSH has been providing Market Expansion Services to Pepsico for its imported foods business.
“We are very proud that Pepsico has appointed DKSH as their exclusive Market Expansion Services provider in Thailand, Vietnam, Myanmar, Cambodia and Laos for their leading imported food brands. This will further strengthen DKSH’s leadership position in the food and snack market. DKSH has a long and very successful presence with a strong customer base and we are confident that these local business partners will also be excited about the opportunity to have access to Pepsico's high-quality brands,” said Somboon Prasitjutrakul, Head Business Unit Consumer Goods at DKSH.
These new agreements demonstrate DKSH’s ability to roll-out success stories from country to country. The partnerships will further strengthen DKSH’s market position while contributing incrementally to the Group’s overall earnings and profitability over time.
About Pepsico
PepsiCo is a world leader in convenient snacks, foods, and beverages, with revenues of USD 60 billion and over 285,000 employees. PepsiCo owns some of the world's most popular brands, including Pepsi-Cola, Mountain Dew, Diet Pepsi, Lay's, Doritos, Tropicana, Gatorade, and Quaker. Its brands are available worldwide through a variety of go-to-market systems, including direct store delivery (DSD), broker-warehouse, and food service and vending.
PepsiCo was founded in 1965 through the merger of Pepsi-Cola and Frito-Lay. Tropicana was acquired in 1998 and PepsiCo merged with the Quaker Oats Company, including Gatorade, in 2001.
About DKSH
DKSH is the leading Market Expansion Services provider with a focus on Asia. As the term “Market Expansion Services” suggests, DKSH helps other companies and brands to grow their business in new or existing markets.
Publicly listed on the SIX Swiss Exchange since March 2012, DKSH is a global company headquartered in Zurich. With 680 business locations in 35 countries – 660 of them in Asia – and 25,900 specialized staff, DKSH generated net sales of CHF 8.8 billion in 2012.
DKSH Business Consumer Goods is Asia’s leading Market Expansion Services provider with a focus on fast moving consumer goods; food services and hotel supplies; and hair and skin cosmetics. For international and local companies we offer comprehensive Market Expansion Services to increase their brand awareness and value as well as their market share. Our expertise and broad local knowledge allow us to feel the market’s pulse and respond quickly to the constantly changing trends in the areas of sourcing, marketing, logistics and after-sales-services.
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New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
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....
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Posted by reachabbler > 2012-11-23 17:13 | Report Abuse
Nine-month net profit 36.452 million (increased 10.77%)