KUALA LUMPUR: Carpets International Malaysia Manufacturing Sdn Bhd (CIM) aims to venture into the manufacturing of parts and components in the automotive sector in China through its partnership with Changzhou Around Globe Carpet Manufacturing Co Ltd (CAG). CIM, wholly-owned by WSA group of companies, is involved in manufacturing various types...
EON Capital and MBM among good performers
PETALING JAYA: With many companies meeting analysts' expectations in the current financial reporting season, among the notable results came from EON Capital Bhd, MBM Resources Bhd and CCM Duopharma Biotech Bhd.EON Cap's second quarter net profit of RM76.5mil on revenue of RM586.5mil was in line with Mayban Securities Malaysia Equity...
MBM grows on partnerships
MOTOR company MBM Resources Bhd will focus on integrating companies it acquired over the last four years to strengthen operations and steer the group to greater heights.Managing director Looi Kok Loon told StarBiz that MBM had acquired five companies at a cost of about RM100mil over the past few years.“Our...
MBM MD injecting fresh ideas into auto firm
MBM Resources Bhd managing director Looi Kok Loon comes across as a learned man who has much knowledge and expertise to share with the company.An economist by training, Looi was first invited to join the MBM board of directors in 2001. He was made managing director in March this year.“I...