On 19 July 2005, Azman Yahya announced his plan to take over Bolton. He intend to privatise Kejora Harta as well.
Kejora Harta, control a company call Rampai-Niaga Sdn Bhd, is the Body Shop franchise holder in Malaysia, with its 41 stores nationwide and 27% growth in 2004. Rampai-Niaga posted revenue of RM56.8mil for its financial year ended Dec 31, 2004 and a pre-tax profit of RM16.4mil. Net profit was at RM12mil.
"Should the takeover of Kejora Harta be an all-cash deal, Bolton would have to pay RM112.1mil to buy the remaining shares and warrants it does not own. That price would value Rampai-Niaga at 9.34 times its 2004 earnings, a snip for a company that has been showing profit growth of over 20% per annum. " The Star comment in its report.
Kejora Harta and The Body Shop should remain a public listed company in Malaysia. Minority shareholder in Kejora Harta should reject the offer from Bolton
Tag: Cosmetic : Beauty
This blog is my research on beauty,cosmetic and biotechnology industry;including herb,pharmaucautical and healthcare industry
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Sunday, July 24, 2005
Sunday, July 10, 2005
From Char Kuay Teow to Bio-technology.
INS Bioscience Bhd published its prospectus yesterday,which will be listed on Mesdaq end of July 2005.
Datuk David Yeat Sew Chuong, never went to university, started as a hawker selling "char kuay teow". He later join a direct selling company on a part time basis.
He form his own direct selling company after that and nearly bankrupt once.
He venture into high-tech industry via become a distributor of Digital dictionary imported from Taiwan. The margin for Digital dictionary diminished when everybody enter this industry.
He then venture to sell wheat grass, INS wheat grass is the only branded wheat grass in Malaysia.
We have a lot of company venture into healthcare product. A few even have listed on bursa Malaysia. But only a few invested in Research & Development(R&D) or bio-technology. Majority of them are marketing orientated company rather than R&D driven company.
With the listing of INS Bioscience Bhd on Mesdaq as a bio-technology company. He is one of the rising star in our country bio-technology industry.
Without any tertiary qualification. A person can become a successfully entrepreneur, techpreneur or bio-techpreneur.
What are you waiting for if you are a graduate?
Technorati Tag: Biotechnology > Health & wellness
Datuk David Yeat Sew Chuong, never went to university, started as a hawker selling "char kuay teow". He later join a direct selling company on a part time basis.
He form his own direct selling company after that and nearly bankrupt once.
He venture into high-tech industry via become a distributor of Digital dictionary imported from Taiwan. The margin for Digital dictionary diminished when everybody enter this industry.
He then venture to sell wheat grass, INS wheat grass is the only branded wheat grass in Malaysia.
We have a lot of company venture into healthcare product. A few even have listed on bursa Malaysia. But only a few invested in Research & Development(R&D) or bio-technology. Majority of them are marketing orientated company rather than R&D driven company.
With the listing of INS Bioscience Bhd on Mesdaq as a bio-technology company. He is one of the rising star in our country bio-technology industry.
Without any tertiary qualification. A person can become a successfully entrepreneur, techpreneur or bio-techpreneur.
What are you waiting for if you are a graduate?
Technorati Tag: Biotechnology > Health & wellness
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