Posted by nikicheong > 2017-10-09 10:37 | Report Abuse

Congrats to all who buy between RM1.12 - RM1.18. Let's hope we have put the RM1.10s behind us, and push on towards RM1.30s.

For now I will let this go on autopilot. Won't sell until or unless the fundamentals change or can get 50% in 6 mths.

Posted by joni > 2017-10-09 10:42 | Report Abuse

1.30 looks good

Posted by Skliew > 2017-10-09 18:58 | Report Abuse

Share price is still in its "infancy"!
Long way to grow...:)

When we are looking at:
1. Apparel capacity to grow from 14 million pcs to 40 million pcs
2. COMPLETELY NEW Knitted Fabric Mill with a production capacity of 200 million yards per annum.
This new business will also give the existing business competitive and comparative advantages and will generate new business revenues at a later stage.

Dumb Dumb buy and dumb dumb hold...
Hehehe :)

Posted by R40s > 2017-10-09 19:50 | Report Abuse

This morning RHB Retail Research forecast immediate resistance level at RM1.43, followed by RM1.57 level...

http://www.theedgemarkets.com/article/prolexus-may-rise-higher-says-rhb-retail-research

Posted by nikicheong > 2017-10-09 22:38 | Report Abuse

Very interesting volume today. I am no technical investor, but let's hope the bearish days are over for now and it can consolidate ~RM1.35.

Posted by chanchinchong > 2017-10-11 09:37 | Report Abuse

wat happen when profit drop again next qr

Posted by Skliew > 2017-10-11 10:13 | Report Abuse

Put your money in FD... HAHAHA

Posted by R40s > 2017-10-11 21:16 | Report Abuse

@ chanchinchong, nothing is sure in stock investments, the company results may vary from Q to Q, up and down, up and up, or down and up, etc., no body can tell exactly, not even super investors like W. Buffet...

That's why they always advise to go for Long-term investment, because in the long run, a good fundamental stock should outperform average or bad stocks, to give better returns...

Posted by limch > 2017-10-11 21:22 | Report Abuse

Why EPF no follow RHB and disposed?

11-Oct-2017 Insider EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") (a substantial shareholder) disposed 45,000 shares on 06-Oct-2017.

Posted by R40s > Oct 9, 2017 07:50 PM | Report Abuse

This morning RHB Retail Research forecast immediate resistance level at RM1.43, followed by RM1.57 level...

http://www.theedgemarkets.com/article/prolexus-may-rise-higher-says-rh...

Posted by Skliew > 2017-10-11 21:35 | Report Abuse

limch,
It is EPF Islamic fund...

Posted by Skliew > 2017-10-11 21:41 | Report Abuse

Buy and forget....
Islamic funds will buy again once regain Syariah Compliant Status by end of Nov....
Dumb dumb hold for the completion of the dual expansions.
It will bear fruits when the revenues doubling or tripling up....just be patient and invest for the long term...

Posted by R40s > 2017-10-11 22:17 | Report Abuse

""Name of registered holder :-
Citigroup - EPF Board (F. TEMISLAMIC) IC""

So, besides Amundi, CitiGroup is also acting as EPF's Islamic / Shariah fund agency...

Posted by pharker > 2017-10-12 10:31 | Report Abuse

According to one source, the company is waiting for major deposits in Non Syariah compliant institution to mature, somewhere in 1st Q of 2018, exact date not revealed, then withdraw in place in some Islamic Bank to regain Syariah complaint status. The reason they waited out till maturity of the said deposit is :-

1. to avoid pre-mature withdrawal and loss of interest accrued from the said deposit

2. to create selling pressure and press down price in the interim..so some insider can collect, then when regain Syariah status can goreng

Believe or not...up to you.

Posted by Skliew > 2017-10-12 12:43 | Report Abuse

Just ridiculous. Since major dual expansions are underway, the CFO would be stupid to place deposits on long term as the funds are required in the short term.

I also have source that said it will ensure the regain of syariah complaint status in the coming review..

Believe or not also up to you! Hahaha!

Posted by R40s > 2017-10-12 13:05 | Report Abuse

I have doubts too, the company need to spend tens of millions on the ongoing expansions and construction works, why would they put the extra cash money into long-term FD, and then take loans to finance their factory construction works, recruitment and training of personnel, sales and marketing activities, etc., the loan interest rates are generally higher than the FD interests...

Posted by Skliew > 2017-10-12 13:07 | Report Abuse

Please read explanatory note no 14 and 15 of the Audited account ended 31/07/2017


14.DEPOSITS WITH FINANCIAL INSTITUTIONS
GROUP COMPANY
2017 2016 2017 2016
RM’000 RM’000 RM’000 RM’000
Fixed deposits 3,185 2,343 - -
Short term placements 39,062 56,630 17,606 56,630
42,247 58,973 17,606 56,630
The currency profile of deposits with licensed financial institutions is as follows:
GROUP COMPANY
2017 2016 2017 2016
RM’000 RM’000 RM’000 RM’000
Ringgit Malaysia 39,679 58,973 17,606 56,630
Vietnam Dong 2,568 - - -
42,247 58,973 17,606 56,630
Included in the Group’s fixed deposits is an amount of RM610,018 (2016: RM591,761)
which is pledged as security for banking facilities granted to a subsidiary.
The effective interest rates per annum of the deposits with financial institutions at the end
of the reporting period are as follows:
GROUP COMPANY
2017 2016 2017 2016
% % % %
Fixed deposits 3.00 to 3.30 3.00 to 4.00 - -
Short term placements 2.60 to 3.43 3.12 to 3.48 2.60 to 3.43 3.12 to 3.48
15. CASH AND BANK BALANCES
The currency profile of cash and bank balances is as follows:
GROUP COMPANY
2017 2016 2017 2016
RM’000 RM’000 RM’000 RM’000
Ringgit Malaysia 15,607 8,952 1,445 939
US Dollar 45,419 39,562 5,475 21
Chinese Renminbi 1,273 473 - -
Vietnam Dong 293 - - -
Others 15 23 - -
62,607 49,010 6,920 960

Deposits are short term deposits..
Cash and Bank Balances may even don't have a tenure...

Posted by pharker > 2017-10-12 15:37 | Report Abuse

Yes....look at Notes 14 & 15 of the audited accounts

Placements, deposits, cash balances....You believe Grant Thornton or not ? its up to you

Posted by pharker > 2017-10-12 15:48 | Report Abuse

To skliew

I don't believe your source, at the same time, I don't even fully believe my own source ...on a scale of 1 to 10 (with 1 being utter bs and 10 being horses mouth)...i give it a 6.


This is just for sharing, who knows.....

Just for your info, haha

Posted by R40s > 2017-10-12 16:45 | Report Abuse

@ pharker, thanks for sharing this info...

According to your source, the company will do the necessary to fulfill the Syariah Compliance status, somewhere in Q1 of FY2018 (1.Aug. to 31.Oct.2017), this actually coincide with the target date to regain its Syariah Compliance Status sometime in Mid-Nov.17...!

So we are actually on the same "frequency"... :-)

Posted by Skliew > 2017-10-12 21:08 | Report Abuse

Pharker,

I think I am more confident than you do...

Posted by R40s > 2017-10-12 22:49 | Report Abuse

Skliew, I think pharker has good intentions...

On further thoughts, I think his source could be right, because in the first place why did Prolexus lost it's Shariah Compliance status if it was so easy to avoid it? The FD maturity date could be one of the causes, if prematurely withdraw the FD they would lose the interests earned, maybe as much as 6-digits figure, then the mgmt would have to explain to their BOD and shareholders...

Posted by nikicheong > 2017-10-15 23:15 | Report Abuse

@R40s, not so easy before, as in the Q ended April there was uncertainty about the Vietnam project's scale. I can't recall the ratio but it was substantially higher than 33.3%. However this time the ratio is much, much closer, at around 33.8%. They need to place out a very small portion of their cash into Islamic FD. I think just RM1.5mil would suffice already.

I'm not counting on it, mind you, but it's not so far fetched as you make it seem.

Posted by R40s > 2017-10-16 14:04 | Report Abuse

@ nikicheong,

Exactly that's what I said, few months ago probably due to certain events happened unexpectedly and the wrong timing of their FD maturity date that they had to forego their Shariah status instead of losing a few hundred thousands interests earned. The management's priority is to make more profits (mind you that the last Q3 net profit was merely Rm1.59M, the few hundred thousand interests meant a lot to the Q3 results)...

Now that they are in a more comfortable position, they could just rearrange their financial resources and reschedule their FD periods to coincide with the next Shariah Compliance tests, it should be easy for them...

Posted by Skliew > 2017-10-17 11:00 | Report Abuse

Syariah Compliant Status is trivial and insignificant though I am confident it would be regained by end Nov..

Focus on the dual expansions which I am excited about and dumb dumb hold..

No worries!

Hehe...

Posted by dotasifu > 2017-10-20 11:20 | Report Abuse

im on board, looks like down risk limited..

Posted by Skliew > 2017-10-20 17:54 | Report Abuse

https://www.jobstreet.com.my/en/job-search/jobs-at-prolexus-berhad/

Hirings ongoing.... closing 8th Nov 2017...

Posted by Skliew > 2017-10-20 17:58 | Report Abuse

AS ADVERTISED ABOVE....

"COMPANY OVERVIEW

Prolexus Berhad is listed on the main market of Bursa Malaysia Securities Berhad since 1993. The Group has more than 40 years of experience in apparel manufacturing with manufacturing facilities in Malaysia, China and Vietnam (ready in 2018). We are specialised in high performance sports apparel for world-renowned sportswear brands. With the current workforce of more than 3000 employees, our annual capacity is 14 million pieces and it is projected to reach 40 million pieces upon completion of the expansion plan in Vietnam.

With an ever-increasing demand for innovative, high-quality, performance sports apparel all over the world, Prolexus Group is preparing itself to soar towards even greater heights, by expanding upstream into textile manufacturing. Prolexus Textile Park in Kluang, Johor, of which the Group’s fabric mill will be situated, will have an annual capacity of up to 200 million yards of knitted synthetic fabric, to meet the demand of a global social movement for dynamic, sports-inspired lifestyles. We will be a one-stop textile and apparel provider."


14 million pcs of apparel to 40 million pcs...
Completely new fabric mill....annual capacity 200 million yards....

:)

Posted by Alvinkua > 2017-10-21 14:07 | Report Abuse

最新業績雙雙敗退美特、寶翔各有難題

資匯, Malaysia 21 Oct 2017 zh6
從寶翔控股方面來看，似乎正是如此。該公司一改以往的敷衍作風，在最新季度報告中明確指出其主要出口目的地，即美國的零售市場陷入低迷，導致旗下服裝製造業務訂單減少，末季營業額因而按年下降27.83%，連累淨利按年萎縮30%。
耐克成長7年最慢
與此同時，耐克發布不盡如人意的2018財政年首季（截至8月31日）業績，每股淨利按年跌22%，雖然跌幅少於市場預期，但銷售額按年僅微升0.1%，創下近7年來最低的成長記錄。
此外，耐克高層在最新業績出爐後作出悲觀發言，指北美市場目前的疲弱銷售表現將會延續至次季，打擊市場信心，股價跌跌不休，自8月初高峰59.93美元，滑落12.08%，至19日的52.69美元。
不久前，美式足球國家聯盟（ NFL）部份球員遭總統川普批評對國歌不敬的風波，令市場出現杯葛NFL贊助商及合作夥伴，包括耐克在內的呼聲，更是讓該公司雪上加霜。
若和寶翔控股比較，美特工業營收表現依舊強穩，訂單暫時不成問題，需關注的是如何降低營運開銷，提升賺幅。英特太平洋證券分析員楊竣雄表示，美特工業將來業績是好是壞，還是得看耐克的臉色。
儘管耐克近期表現低迷，但主要是受到運動鞋業務所累，值得注意的是，在其服裝業務4大市場中，僅北美表現疲軟，其餘市場如歐洲、中國等地均繼續穩定成長。
根據耐克最新業績報告，其歐亞非、大中華區和亞太及拉丁美洲3個主要市場的服裝營收，分別按年漲9%、15%和8%，不但遠比北美市場好，更反映出大中華區會是未來的成長焦點所在。
不過，有別於寶翔控股，耐克的困境似乎並未對美特工業營收表現帶來顯著影響，首季營業額仍按年上漲8.22%，按季僅微跌2%，大致上和去年末季的高峰持平。根據業績報告，淨利按年下滑是因為外匯損失，以及大馬和越南的最低薪金水平調漲，這說法獲得楊竣雄認同。
「近期令吉兌美元匯率走強，對以出口為主的美特工業不利，同時，服裝製造業是勞動力密集工業，最低薪金的調漲會帶來成本上漲壓力。」
他補充，若排除外匯因素，其實美特工業首季盈利表現與去年同期相差無幾。
儘管如此，上述原因並未能完全解釋美特工業營運賺幅由上財政年末季的15.40%，按季急劇萎縮至7.96%。要知道，越南調漲最低薪金7.3%早在今年1月1日已開始生效，而令吉在這期間的升值幅度亦沒有賺幅跌幅大。
越南調漲最低薪金
對此，楊竣雄僅稱，美特工業業績受季節性因素影響，下半財政年表現往往好於上半年，而去年末季業績更是歷史性高峰，因此無法簡單按季對比。
無論如何，美特工業營運成本上漲，對賺幅造成壓力已是不爭的事實，隨著該公司在越南以所謂「綠色科技」建造的2間全新旗艦工廠於2018年竣工，員工數量升增、不斷高漲的薪金，還會進一步擠壓賺幅。
目前，越南國家薪金委員會已向政府建議，在明年1月開始，再次把最低薪金上調6.5%。
因此，楊竣雄認為，該公司未來賺幅恐怕無法回到以往的輝煌水平。

Posted by Alvinkua > 2017-10-21 14:10 | Report Abuse

保賺幅各施其法

資匯, Malaysia 21 Oct 2017 zh7
耐克服裝製造訂單減少，衝擊寶翔控股營收按年滑退28%；雖然對美特工業影響甚微，但外匯損失以及營運成本高漲仍導致該公司淨利近乎腰斬。為了能夠持續獲利，兩家公司都各出良計，惟還需待時間驗證成果。
談及賺幅，寶翔控股倒是在末季成功翻身。儘管當季營業額及盈利雙雙走低，但毛利賺幅卻改善至25.76%，比去年同期的21.79%好；服裝業務末季營運賺幅從第3季的3.46%，彈高至11.95%，為上財政年最高水平。
寶翔策略調整
我們或可大膽假設，儘管無法從耐克爭取到更多訂單，但寶翔控股卻成功從其他客戶身上拿到賺幅更高的訂單。不像美特工業只依賴耐克這單一客戶。安德瑪（ Under Armour）、亞瑟士（ Asics）等其他國際知名運動品牌皆是寶翔控股大客戶，貢獻公司營業額10%以上，說明後者在營運策略的調整上更具彈性和靈活性。
無論如何，就如大馬投行分析員所說，和市值比自己大6倍的美特工業相比，寶翔控股只算是小型業者，競爭力遠不如美特工業。在這耐克陷入低迷的時刻，寶翔控股的劣勢更是一覽無遺，營收因訂單數量減少而下跌，但美特工業的營業額卻依然高企。
首次在越南建的新廠即將在2018財政年首季啟用，寶翔控股接下來如何爭取更多訂單，來消化新增的大量產能，將是最大挑戰。大馬投行分析員指出，越南新廠在初始階段可將寶翔控股現有產能提高三成，長期來說更可令其產能翻倍，令人擔憂的是，該廠在初期的產能使用率可能較低，或會影響盈利賺幅。
所幸，寶翔控股同時進軍上游業務，在大馬開設布料廠，並計劃在2018財政年次季投產，屆時原料可自給自足，採購成本應會下降，有助穩住賺幅。
美特密謀多元化業務
另外，美特工業營收依舊強穩，暫時不虞沒有訂單問題，須下功夫的是降低營運開銷，提升賺幅。
「無論如何，我認為，美特工業在本財政年的業績只能與上年持平，無法再取得顯著增長。」
此外，據了解，美特工業董事經理陳培生（音譯）在上月舉行的股東大會後大派定心丸，指管理層正著手解決成本高漲問題，並稱公司已做好爭取更多訂單的準備，絕非盲目擴張越南產能。他亦多次強調，計劃多元化業務，但卻不願透露更多詳情。
美特工業在營運上並無大礙，短期內訂單沒有下滑風險，惟投資者仍需觀察多一兩個季度，以驗收公司保住賺幅的手段是否奏效。此外，寶翔控股賺幅回升，證明該公司在營運上已重返正軌，只是越南新廠的衝擊，以及爭取新訂單的挑戰仍有待時間考驗。
姑且不論美特工業那猶抱琵琶半遮面的多元化計劃，對同時都仰賴越南廠房的2家公司來說，一項足以抵消運營成本上漲因素的長期利好因素即將浮現，那就是明年開始生效的越南歐盟自由貿易協議（VEFTA）。
從耐克業績報告可知，歐亞非已是該公司第2大的服裝銷售市場，僅次於北美，而隨著VEFTA落實，雙邊關稅大降，商品流通更易，無論美特工業或寶翔控股將可透過越南向歐洲區域出口更多產品，而規模更大的美特工業預計將受惠較多。
每年4月30日結賬的美特工業，須在12月公佈現財政年第2季業績，惟從過往慣例來看，並無固定的發佈日期，時早時遲；反觀每年7月31日結賬的寶翔控股，按過往慣例一般上會在12月上半個月公佈首季業績。
換句話說， 12月會是進一步測探兩家公司實力的較佳時機。

Posted by dotasifu > 2017-10-21 15:12 | Report Abuse

从技术图看来，七月到十月股价和macd rsi 出现背离状态。一个即将出现底部反弹迹象。

Posted by Skliew > 2017-10-21 18:43 | Report Abuse

Alvinkua,

谢谢分享。。

宝翔与美特生产不同性质的产品。。前者knitted fabric..后者Woven fabric..
耐克上几季节减少库存，减少knitted fabric产品订单。。冲击宝翔。。或只是短暂现象。。
宝翔现产能14million件。。。将增至40million件。。(美特现有产能35million件，将增至50million件)。宝翔还往上游设立新的制布厂。。一站式运作，将增强竞争力与赚幅; 以及营业额。(目前，美特还没有往这方面发展。。。)

宝翔与美特其实也不是竞争对手;因为出产不同性质的衣物。。。全世界的市场很大，能获取一点份额，就已经很大。。。能出产物美价廉产品的公司，前途将非常美好。。。相信宝翔正在往这方向发展。。。正在正确的航道上，一站式的运作。。。

资汇本期大篇幅报道，真是好事。。或许宝翔已经得到注目。。

祝大家好运。。。

Posted by Skliew > 2017-10-22 10:17 | Report Abuse

若论成长潜能，宝翔强得多了。。以后的营业额能直追美特。。宝翔具备潜能将营业额翻3-4倍。。
若论稳定性，宝翔现在有3位占营业额10%以上大客户，相对地比较稳定。
若论开发新客户，宝翔与台湾棉春联营Trans Pacific Textiles(TPT)，棉春现今占11%(以后还可以扩大股权至20+%)。两大新厂就是由TPT经营。棉春是ADIDAS 的代理制造商。。所以，宝翔也具备潜能进军成为ADIDAS制造商之一。。

看官，你如何评估呢?

Posted by paktua73 > 2017-10-23 09:56 |

Post removed.Why?

Posted by paktua73 > 2017-10-23 10:01 |

Post removed.Why?

Posted by Skliew > 2017-10-23 10:02 | Report Abuse

Paktua73,
You said you visited "the factory" in Vietnam.
What factory? Did you visit the Prolexus factory under construction in Vietnam? How is the progress ..?

Posted by Skliew > 2017-10-23 10:11 | Report Abuse

The construction of the factory is up to what stage now? Foundations Only? Are the columns and beams up? The roofs?..... haha?
23/10/2017 10:08

Posted by Skliew > 2017-10-23 10:13 | Report Abuse

Any idea on the completion of the construction of the factory?

Posted by godhand > 2017-10-23 11:32 | Report Abuse

@paktua your long term stock?

Posted by R40s > 2017-10-23 13:15 | Report Abuse

I think the Vietnam factory initial production capacity still is 4.5M pc/yr according to their original plan. But the new factory space can accommodate up to 26M pc/yr, and when demand increases, they will be able to quickly add more sewing machines, in stages, to meet the increasing new orders...

Posted by Skliew > 2017-10-23 13:46 | Report Abuse

R40s,

Original Vietnam capacity was 15 million pcs....
Initial capacity was assumed @30%....
IF 30% is maintained, initial capacity can ramp up to 7.8million pcs... 4.5 million pcs out of planned capacity of 26 million pcs is too liitle....and not justifiable...
don't forget the Kluang Fabric Mill should have production ahead of the Vietnam factory...which would help the apparel manufacturing to be very competitive as fabrics would be sourced internally...

Whatever it is...the future is bright ...just a matter of time..

After all, the big money is in the waiting....just quote Charlie Munger.. hehe..

Posted by Booyeah > 2017-10-23 13:54 | Report Abuse

very good company. profit margin at almost new high despite lower revenue. maintaining good cost management. w

Posted by R40s > 2017-10-23 19:28 | Report Abuse

Skliew,
Thanks for your informative reply, you are right that the original planned capacity of the Vietnam new factory was 15M pc/yr, so the initial startup at 30% utilization rates means 4.5M pc/yr, that's what the RI abridged prospectus had stated...

Then later they changed the building plan with larger factory space to cater for 26M pcs instead of 15M pcs capacity, which is the reason why the construction was delayed because the revised building plan need to be resubmitted for approval. But I believe even with bigger factory, they won't fully install all the machines at one go, otherwise it would face the big problem of ridiculously underutilized rates not justifiable as you said...

The biggest bottleneck of the expansion plan is the building construction, once the building is ready, installation of additional machines should be relatively fast and easy, so the company will be able to meet the increasing demands quickly...

Posted by R40s > 2017-10-23 19:41 | Report Abuse

As for the fabric mill, the Company has made the right decision to prioritize the mill construction and also enlarge the production capacity. I think their Taiwanese JV partner Meng Chuan has a big role in the decision, because the fabric mill capacity cannot be easily increased like adding sewing machines, and MC being a very established player in this sector will help to market the fabrics produced, after taking care of their own internal consumptions.

So the fabric mill will contribute a lot to their sales revenues, and give higher profit margins from their apparel products. Bright future for Prolexus...

Posted by Skliew > 2017-10-23 20:39 | Report Abuse

R40s,
Thank you for your analysis.
The Vietnam factory changed in the design from RC structures to Steel structures.
It is much faster to build a steel structure factory than an RC structure factory.
Skilled and abundant labour for textiles manufacturing are available in Vietnam. Since the Kluang fabric mill will start production ahead of the Vietnam apparel factory, and the company is pulling up their socks in marketing by recruiting more higher pisitions and capable marketing personnels, I believe the company would not want to waste time in ramping up the utilization rate of their installed capacities.

I hope that I am not overly bullish...

Posted by Skliew > 2017-10-24 16:42 | Report Abuse

Additionally, with the capacity in place, the company would be able to take in BIG ORDERS from the ODM manufacturers...

Without the capacity, the company might have lost a lot of big orders in the past ... Don't forget that the customers are world leaders in the sport wears.... the orders could be sizeable.....

Posted by R40s > 2017-10-24 19:15 | Report Abuse

Prolexus had lost Nike's big orders to MagniTech in the past year simply because their factories were already running full at over 90% capacity (as stated by the Company last year), they got caught off-footed with no more capacity for additional productions while Nike and other big customers experienced a sales boom... Imagine their pains when they reluctantly declined the big orders and then went to their competitors...

So it was a hard lesson learned, this time they decided to get ready, to net the big orders coming to them in future...

Posted by Skliew > 2017-10-25 06:54 | Report Abuse

Not only is Prolexus expanding apparel manufacturing capacity by almost 3 folds from 14 million pcs per annum to 40 million pcs by venturing into Vietnam, the new Kluang fabric mill (200 million yards per annum capacity) will make Prolexus stands above many others, ahead in competition. It becomes a ONE STOP manufacturer and more cost efficient. Big orders will come its way and the capacity could be utilised faster than anticipated.

No worries on quality and technicalities. Prolexus is smart in partnering Men Chuen Fibre co ltd from Taiwan, a very experienced textile manufacturer, fabrics and apparel, and OEM to many renowned brands such as Adidas, Nike, Puma....

Men Chuen holds 11% equity in Trans Pacific Textiles (TPT), the vehicle for the dual expansions and it has an option to increase their equity to 20+%...Men Chuen will provide not only all the technical advice and more importantly the check and balance...

Posted by Skliew > 2017-10-28 00:06 | Report Abuse

https://m.facebook.com/story.php?story_fbid=1769222409757155&id=280159251996819

Prolexus' Partner in Trans Pacific Textiles, Men Chuen Fibre Industry Co Ltd, Taiwan, Proof of competency.

Thumbs Up!

Posted by Irfan Rahman > 2017-10-29 20:13 | Report Abuse

i noticed theres an upgraded/expension at batu pahat factory.. they realy confident with their expension. vietnam/kluang/batu pahat.

Posted by R40s > 2017-10-29 21:09 | Report Abuse

China factory also was expanded...