they have the tin mining concession, most probably speculators are speculating the counter to benefit if the world tin price hike. Tin might be an alternative to gold & silver ( precious metal )
Ho Wah to acquire 51pc stake in Myled Opto Published: 2012/09/24
Ho Wah Genting Bhd today proposed to acquire 51 per cent stake in Myled Opto Technology Sdn Bhd from three individuals, for RM1 million, cash.
If the deal goes through, Myled Opto would become Ho Wah Genting's subsidiary.
In a filing to Bursa Malaysia, the group said the individuals involved were Md Azuli Adnan, Amar Foo Abdullah and Lai Kin Shin. Myled Opto's business principally is in the manufacturing of solid state lightings (SSL) and light-emitting diodes (LED) lightings, and it operates from a factory in Melaka.
Ho Wah said the acquisition would strengthen its existing LED lighting brand marketing, delivery schedule of LED components and installation delivery of LED lighting to customers.
Product pricing would also remain competitive, it added. -- Bernama
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....
Marcus Beh
2,483 posts
Posted by Marcus Beh > 2012-09-20 12:36 | Report Abuse
Got any news for this counter .....?