From latest Quater report, HYPO PVC-o record revenue 446k revenue but loss 1.3mils loss. I guess loss due to plant expenses that's just start up. This is normal.
KUALA LUMPUR: Fitters Diversified Bhd has acquired a 40% stake in A.H.T Syngas Technologies N.V. (AHT Syngas), a Germany-based renewable energy systems supplier to move up the value chain in its renewable energy business for RM6.6mil.
The company said on Wednesday that the source of funding for the acquisition was through internal funds.
It added that the acquisition comprised 600,000 shares of AHT Syngas priced at 2.665 euros per share.
Fitters Diversified Bhd managing director Datuk Richard Wong said the acquisition would allow the company to expand into Asia, including China and the South-East Asia region.
“We are optimistic that this investment would go a long way towards placing us in the forefront of the renewable energy sector, and contribute positively to the group in the future,” he added.
The acquisition is expected to be completed by early August.
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....
davidkkw79
5,068 posts
Posted by davidkkw79 > 2015-06-26 17:35 | Report Abuse
All holders are aiming for goreng only, who care the agm ?!