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Article: Pensonic seeks more acquisitions to lift bottom line
- Article from:
- New Straits Times
- Article date:
- November 25, 2006
- Author:
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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Marina Emmanuel
New Straits Times
11-25-2006
Pensonic seeks more acquisitions to lift bottom line
Byline: Marina Emmanuel
Edition: Main/Lifestyle
Section: Business Times
Type: Company
LOCAL home appliance maker Pensonic Holdings Bhd said it continues to be on the lookout for more acquisitions in a bid to strengthen the group's bottom line, market channels and operation efficiencies.
Group managing director Dixon Chew said it is looking for companies both in Malaysia and overseas.
Early this year, the Penang-based Pensonic acquired two subsidiaries from Amtek Holdings Bhd together with the `Cornell' trademark for Malaysia and Singapore.
"We are actively seeking out targets in the electrical ...
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