Sunday, 30 June 2013

McDonald’s Happy Meal Despicable Me 2 Minion Collectibles


母公司获颁缅甸执照 数码网动向受关注

(吉隆坡28日讯)继母公司挪威电讯(Telenor)击退其余10个对手,包括亚通集团有限公司(AXIATA,6888,贸易服务组),赢得缅甸2张电讯执照之一后,数码网有限公司(DIGI,6947,基建公司组)可能成为焦点。

分析师早前披露,挪威电讯在缅甸胜出后,将需要获得现金,因而数码网可能会进一步提高股息派发。

数码网已表示,正考虑商业信托架构,观察这个途径是否提升其资本架构,并容许派发更高股息。

不过,一些人士认为,挪威电讯可能有意延迟派发更高股息,直到它是否可提高在数码网现有49%的股权明朗化之后。

缅甸通讯与资讯科技部已指定挪威电讯和卡塔尔经营商Ooredoo为该国2线电讯执照的赢家。

昨日上载到该部网站的声明中,电讯经营商、投标评估和选择委员会说,一个包括法国电讯-Orange公司和丸红集团组成的财团,已被列为的后备名单,以在成功申请者一旦无法符合挑选后需求作出取代。

在11名技术申请中,只有5项符合它们招标的最低500分。

得标者将在5年内涵盖缅甸75%地区,或面临履约保证金被没收的风险。

除了亚通集团,其他失败者包括新加坡电信和亿万富豪为后盾的Digicel,后者是联伙以缅甸为基地并于新加坡上市的佑玛战略控股有限公司。

一名亚通集团发言人在声明中指出:“亚通集团对无法赢得这项投标失望。不过,它对在众多环球业者热衷该市场中仍可入选感到荣幸。”

他并没有透露该公司是否会依循其他途径进军缅甸。

一名分析师指出,亚通集团现在可能支付更多股息,因它已不须耗巨资于缅甸。他也指出,进军缅甸的其他途径可能涉及获得一名当地伙伴的需要。

Source: http://www.kwongwah.com.my/news/2013/06/28/100.html

Wednesday, 26 June 2013

IHH has no plans to divest stake in Apollo for now



AirAsia terminates Japan JV

PETALING JAYA: AirAsia Bhd has terminated its AirAsia Japan joint venture with ANA Holdings Inc, calling off the partnership with the Japanese airline due to differences in management.

The joint venture had faced numerous challenges from its inception, stemming mainly from a fundamental difference of opinion on cost management and the base of the domestic operations.

Earlier this month, the Malaysian low cost carrier (LCC) had hinted on the possibility of dissolving the joint venture.

AirAsia group chief executive officer Tan Sri Tony Fernandes (pic) had said: “I have great respect for ANA as the leading legacy airline in Japan but it is time for us to part ways and focus our attention on what we do best, which is running a true LCC.”

He had added that despite the cost issues, the AirAsia brand had resonated with Japanese customers and that he remained positive on the Japanese market, believing there was tremendous opportunity for a LCC to succeed tracking AirAsia X's success.

“We have not given up on the dream of changing air travel in Japan and look forward to returning to the market.”

The termination agreement comprises the acquisition of AirAsia's entire stake in AirAsia Japan by ANA for 2.45 billion yen (RM80.48mil).

AirAsia had subscribed to 25,120 voting shares and 23,880 non-voting shares at 50,000 yen per share, representing 49% of the paid-up share capital of AirAsia Japan.

AirAsia Japan will return all AirAsia aircraft leased to it and pay all monies accrued from the leasing of the aircraft to AirAsia by November this year.

It will also settle any outstanding invoices due to AirAsia accrued from the commencement of operations. The former will “unwind the use of the AirAsia brand in its operations, including the name of AirAsia Japan itself by November”.

Flights up to Oct 31 will continue as planned. Following the transfer of shares and payment of the purchase price, the shareholders agreement, the brand licence agreement and other commercial contracts between the parties will be terminated immediately.
 

Tuesday, 25 June 2013

IHH to add 3,300 beds in 5 years, mulls re-entering Indonesia

KUALA LUMPUR: IHH Healthcare Bhd aims to grow its top line by "solid double digits" by end-Dec 31 as it plans to add 3,300 more beds in the next five and venture into new markets.

"We are considering a re-entry into markets such as Indonesia," managing director Dr Lim Cheok Peng said after the AGM on Tuesday.

Asia's largest hospital operator plans to grow existing capacity and penetrate new markets internationally.

IHH was also re-looking Indonesia, although its hospitals in Singapore currently see more patients from that country.
 

IHH confident of growth this year

IHH Healthcare Bhd, Asia's largest hospital operator, is optimistic on growth this year, bolstered by a strong pipeline of expansion and greenfield projects across multiple markets.

The company is currently undertaking four expansion and three greenfield projects in Malaysia, which are on track for completion and will commence operations from the second half of 2014 to mid-2015.

Managing director Dr Lim Cheok Peng said once fully operational, these projects would add 800 hospital beds to its current capacity of 2,052 beds.

He said group revenue in the first quarter ended March 31, 2013 increased to RM1.62 billion from RM1.26 billion in the previous corresponding period.

"If we can maintain that momentum, revenue will double this year, adding that last year group revenue soared 110 per cent to RM7 billion," he told reporters after the company's maiden annual general meeting today.

The four hospitals that are currently undertaking expansion are Gleneagles Medical Centre Penang, Pantai Hospital Kuala Lumpur, Pantai Hospital Klang and Gleneagles Kuala Lumpur, while the greenfield projects are Gleneagles Kota Kinabalu, Pantai Hospital Manjung and Gleangles Medini.

The company is also expanding in international markets, namely in Turkey, where it is undertaking expansion projects in two hospitals and two greenfield projects.

Lim said the group would also penetrate into the former British colony, Hong Kong, with a greenfield project which is scheduled for commencement in three years.

For the group's next phase of growth, it would be making a headway into China and India to capitalise on the huge population base there.

"We already have our foot in the door with Gleneagles Khubchandani in Mumbai and various clinics in the pipeline, and the next few years will see us looking for even more opportunities there," he added.-- Bernama

Read more: IHH confident of growth this yearhttp://www.btimes.com.my/Current_News/BTIMES/articles/20130625153825/Article/#ixzz2XEDktQ3m

Monday, 24 June 2013

Limit up counters

Today, those limit down 30% from last Friday comes back to their original level with limit up 30%.

Let's see the 6 counters as below:

Counter Price on
21-06-13
Price on
24-06-13
Limit up
BJTOTO RM3.20 RM4.17 30.3%
BKAWAN RM13.46 RM17.50 30.0%
CBIP RM1.93 RM2.52 30.6%
COASTAL RM1.48 RM1.94 31.1%
HSPLANT RM1.89 RM2.46 30.2%
TDM RM2.90 RM3.79 30.7%

Burger King Introducing The Double BBQ Rodeo Chicken / Beef RM11.95 Meal


AirAsia X IPO ballot result

For public category, the allotment as shows below:

It was oversubscribed by 3.83 times. 


For bumi category, all shares are 100% allotted.

Retail price is revised to RM 1.25 from RM 1.45.  Different price is 20 cents.

Saturday, 22 June 2013

Bursa: Trades ‘valid and genuine’

PETALING JAYA: The seemingly unusual market activity that saw sharp price gyrations in several stocks in the final 10 minutes of trading yesterday was valid and genuine, according to Bursa Malaysia.

Six counters from mid-caps to big ones, namely, Hap Seng Plantations Holdings Bhd, Batu Kawan Bhd, TDM Bhd, CB Industrial Product Holding Bhd (CBIP), Coastal Contracts Bhd and Berjaya Sports Toto Bhd, hit limit-down, or a 30% plunge, with a combined trade of RM43.1mil in that short time window during pre-close.

While the trading pattern may seem like an “error in trading” could have taken place, a Bursa Malaysia representative when contacted by StarBizWeek clarified: “With regards to the eight stocks which hit their limits-up (two) and down (six), Bursa Malaysia has investigated the matter and has confirmed with the broker that the basket order, which was from their institutional client, was valid and genuine.”

In yesterday's trade, Hap Seng shed 81 sen to RM1.89, Batu Kawan lost RM5.76 to RM13.46, TDM declined RM1.24 to RM2.90, CBIP decreased 82 sen to RM1.93, Coastal Contracts was down 62 sen to RM1.48, and Berjaya Sports Toto fell RM1.01 to RM3.20.

At the other end of the spectrum, JCY International Bhd gained 24 sen, or 36%, to 90 sen and Star Publications (M) Bhd shot up 85 sen, or 29%, to RM3.71.

In the broader market, the FBM KLCI shed 6.49 points, or 0.37%, to 1,755.85 points, with 306 gainers, 512 losers, and 267 counters unchanged.

Over 2.05 billion shares valued at RM3.78bil were traded.
 

Limit down counters







Above shows 6 counters that hits limit down (i.e. 30%) on 21st June 2013.

AirAsia X IPO share price fixed at RM1.25

KUALA LUMPUR: AirAsia X Bhd has fixed its initial public offering (IPO) price at RM1.25 per share and have raised RM987.7mil from its share sale.

The IPO comprises 790.12mil ordinary shares, or 33% of AirAsia X's enlarged share capital, included the issuance of new shares.

Independent non-executive chairman Tan Sri Rafidah Aziz said the company have settled to price the shares at the low to mid-range to benefit investors.

“As the book was about 5 times covered at the top end of the range, we would have been able to comfortably price it at the initial RM1.45 per share,” she said.

Co-founder Tan Sri Tony Fernandes said the company had orders for two billion shares at RM1.45 and had only 396 million shares available in the bookbuilding exercise.

“We want to see retail investors benefit from this IPO and this is the reason why we priced it at RM1.25. The success of AirAsia X is because of their support and we want to reward them,” he said.
 

Thursday, 20 June 2013

AAX Target Price

Target prices from various researchers as below: 

RM 1.65  (Pacific Inter)
RM 1.60  (M&A Sec)
RM 1.40  (TA)
RM 1.33  (Alliance)
RM 1.20  (HL)
=====================
RM 1.436  (Average)

Domino’s Pizza Crazy Deal Buy 1 Free 1 Promotion


Wednesday, 19 June 2013

AirAsia, AirAsia X win airline awards

AirAsia has been named the World and Asia's Best Low Cost Airline for the fifth year in a row, while AirAsia X received the World's Best Low Cost Airline for both the Premium Class and Premium Class Seat title.

The annual global survey, conducted over a 10-month period covering over 200 airlines and travellers from over 160 countries, ranks quality standards across more than 40 areas of airline front-line products and services.

AirAsia deputy Group chief executive officer, Datuk Kamarudin Meranun, who is also the co-founder and director of AirAsia X and AirAsia chairman, Datuk Aziz Bakar, were at the Paris Air Show in France to receive the awards.

In a statement in Kuala Lumpur today, AirAsia Group chief executive officer Tan Sri Tony Fernandes said: "It is an honour to be ranked as Asia and World's Best Low Cost Airline for the fifth time in a row, and we would like to thank all of our guests for their support.

"It is also a proud moment to be receiving both the World's Best Low Cost Airline in Premium Class and Premium Class Seat awards for AirAsia X and we are consistently seeking ways to improve our service in providing world-class flying experience to our guests," he added.-- Bernama

Read more: AirAsia, AirAsia X win airline awardshttp://www.btimes.com.my/Current_News/BTIMES/articles/20130619144259/Article/#ixzz2WfQ0UCuU

Monday, 17 June 2013

Tune Hotels eyes listing on 2015

After the launch of AirAsia X's initial public offering (IPO) and the proposed listing of AirAsia Indonesia, budget hotel operator, Tune Hotels Regional Services Sdn Bhd, is expected to be listed in 2015.

Tune Group founder Tan Sri Tony Fernandes said the company aims to be listed on Bursa Malaysia Securities Bhd.

"We are looking for an IPO in the next two years. Tune Hotels will be the sixth entity under the Tune Group to go for listing," he told reporters at the launching of Tune Hotels' first hotel in Australia today.

Fernandes said before the proposed IPO, Tune Hotels should well-position itself in the international hotel industry, with a sustainable cashflow and business strategies.

"Profitability is the most core issue when a company goes for public listing. This is because the company is committed and answerable to the people who have invested in the company," he said.

Tune Hotels is part of the Tune Group, a lifestyle business conglomerate co-founded by Fernandes and Datuk Kamarudin Meranun.

AirAsia Bhd, the home airline unit of Tune Group and the AirAsia Group, were listed in November 2004, followed by the listing of Asia Aviation -- an investment holding company of Thai AirAsia, on the Stock Exchange of Thailand in May 2012.

Tune Insurance was listed on the local bourse in February. AirAsia's long-haul affiliate, AirAsia X, followed suit with its IPO launched last week.

AirAsia Indonesia is expected to be listed in the fourth quarter of this year, with up to US$200 million to be raised through the proposed IPO.

Meanwhile, Tune Hotels Chief Executive Officer Mark Lankester said a 2015 listing would be the most appropriate period for the company as it has laid out clear expansion plans to position itself among other hoteliers in the world.

By end-2014, the company aimed to operate at least 50 hotels in 12 countries, which include new ventures in Japan, Middle East, Africa, Austria and Italy, he said.

Currently, the company runs 29 hotels in six countries, with about five million guests having stayed at Tune Hotels to date.

The 30th hotel, to be opened in November, will be the company's maiden hotel in Australia. The 225-room property in Melbourne entails an investment of US$50 million to US$60 million.

"The next immediate country that we will be venturing into is Japan, with the opening of a hotel in Okinawa at the end of the third quarter.

"We've started to lay strong groundwork since six years ago and I think we should continue doing that for another two years before proceeding with an IPO," he told Bernama.

On the home front, Lankester said Tune Hotels would be expanding to Alor Setar, Cyberjaya and Melaka soon and negotiations are underway to open a hotel in Sibu.

He said Melbourne will be positioned as the company's hub for its growth plans in Australia and New Zealand.

"I think Sydney will be our next location. We aim to have at least three to four hotels in Australia by 2015 depending on the demand," he added.-- Bernama

Read more: Tune Hotels eyes listing on 2015http://www.btimes.com.my/Current_News/BTIMES/articles/20130617135748/Article/#ixzz2WTzPz9xB

Tuesday, 11 June 2013

AirAsia might exit partnership with Nippon Airways

KUALA LUMPUR: There is a possibility that AirAsia may exit from its almost two-year old joint venture (JV) with All Nippon Airways in AirAsia Japan due to differences of opinion within the management of the new airline.

AirAsia airline said the differences were most critically on the points of how to operate a low cost business and operating from Narita, Japan's major airport.

As a result, the low-cost carrier said in a statement today that it "would not rule out any option, including dissolution of the JV," which was established in August 2011.

"Nevertheless, AirAsia is still optimistic and committed to Japan and sees the potential for a low cost airline to thrive in the market, while not ruling out any option to make this happen, including, dissolution of the JV," it added.

AirAsia said the AirAsia Japan management team was predominantly comprised of ANA staff, starting with, but not limited to the chief executive officer and chief financial officer.

"Since its launch in 2012, AirAsia Japan has failed to track its proposed business plan due to an inability to manage costs, but has seen customer adoption increasing, as the brand starts to resonate in the market," AirAsia said.

AirAsia also said the parties are exploring all available options and any decision will be further subject to the respective corporate approvals of ANA and AirAsia Bhd.- Bernama
 

Monday, 10 June 2013

AirAsia X IPO

Stock Code: AAX
Market: Main market

Timetable
10-06-2013  Opening of application
19-06-2013  Closing of application
24-06-2013  Balloting og application
09-07-2013  Allotment of IPO share to successfull applicants
10-07-2013  Tentative listing

Retail Price: RM 1.45.
PAR: RM 0.15

Total shares offers: 790,123,500 shares
1. Offer for sale: 197,530,900 shares
2. Offer for public: 592,592,600 shares
    i. Offer for Institution: 538,011,800 shares
       a. Malaysian Institutional and Selected Investors: 197,530,900 shares
       b. Foreign Institutional and Selected Investors: 79,740,200 shares
       c. Bumiputera Institutional and Selected Investors: 260,740,700 shares
    ii. Offer for retail: 252,111,700 shares
       a. The eligible persons: 52,111,700 shares
       b. The eligible passengers: 50,000,000 shares
       c. Malaysian public: 150,000,000 shares

There will not have any cornerstone investors.
AAX do not enroll any dividend policy.


Sunday, 9 June 2013

[转帖] 公司股票总数增加了??- 夜月

当公司发了IPO(Initial Public Offerings)之后,还是可以通过以下几种方式改变股票总额的。

1 Treasury Shares
Treasury Shares是公司本身买回流动在市面上的股票。买回之后,可以有三种行动。一,当成bonus shares送给股东;二,卖回去给大众;,三,disposed掉。最后一个方案会使总股量减少,EPS增加。

2 Bonus Shares
Bonus Shares是红股。红股的实际解释就是公司拿Retained Earning里的钱,买自己新发的股票,然后送给股东。实际上又有什么改变呢?对公司而言,Retained Earning减少了,Share Capital增加了,但是在整个过程里,公司没有花到一分钱。股东方面得到免费的股,但是同时总股量也增加了。

3 Right Issue Shares
Right Issue Shares是附加股,而股东有权利先购买。发行附加股,公司可以获得一笔资金,而总股量会增加。

4 Private Placement
Private Placement 是公司将新发行的股票私下卖个某些人,通常私下发行的价格会比市场的价格来得低。结果是,公司可以获得一笔资金,而总股量会增加。

5 Warrant
Warrant是股票认购权,是一种权力,让你可以在一定的限期内可以换成母股。所以短期来讲,warrant不会增加总股量,因为只要股票认购权没有转换成母股,就无法享受股票带来的好处包括分息、分红等。

6 Share Split
Share Split 是指拆股。比如说1 to 2。就是将原本RM1的1张股票,拆成两张RM0.50的股票。拆股会使股价根据拆的比例下跌,也会使票价(PAR Value减少),拆股不会对股东有任何影响,虽然股价下跌,但是同时你拥有的股票也增加了。


Source: leeinvest

[转帖] 选股概念之《股息 Dividend》 - 雨文

《股息》对于笔者来说,这个是我选股的首要条件。就好像在农场买只鸡,如果它不生蛋,无论它长得多么可爱都一概不考虑。每次有什么被低估的好股,经一番研 究,发现它没派息,往往大大的打了个折扣。除非这个公司可以给到很合理的原因,否则一概不用考虑。反之,在投资股票上忽略股息的往往都是投机者。对于长期 投资者,它可是在众多投资产品中,股息是股票最优胜的一个特质。

长期投资者都比较注重在现金流(Cash Flow)。假设你有300k,把这笔钱投资在高股息的公司上,6-8%(一般投资信托产业REIT能提供的回酬),那你每年就会收到RM18k – RM24k的收入。这就是股票的优胜之处,它可以是永久性(perpetual),不像债券会到期。加上,这是一笔很好的退休金或者储蓄,当然也不要忘记 股价上的收益。笔者也很鼓励年轻人可以把有股息的公司当作以后的储蓄,毕竟打工族盼望工钱理想的增长是很渺茫的事。唯有增加现金流才能增加收入。

在股票上,有两个回报点,1.股息收入(Dividend) 2.资本增值(Capital Gain)。在一个牛市中,赚取资本增值不难。但是在现实里,股市在多数时候都处于淡市。在淡市或熊市之间,如果你买的股,没有分发股息,那么它的降幅度 肯定高过有派股息的公司。股息在熊市里是投资者最大的安慰。在熊市里,如果你手上的股,价钱不如预期,有分息的至少还能为你持有它,给你一些回报。许多基 金经理或聪明的投资者都会趁低买入一些高息股。唯有在熊市才能买到理想的价钱,一旦下跌,都会被基金或有耐心的投资者吸取,所以高股息的股也常常被称为 “抗跌股”。当买入较低的价位时,所得到的股息率(Dividend Yield),也将会提升。

买入股票最基本的概念就是看好该公司的成长,对这个公司的业务有信心,公司赚钱,那么才派发股息。笔者比较建议投资者可以选择一些公司,有明确的派息政 策。例如,MBL会派至少40% 股息政策(Dividend Policy),也就是说40%公司的净利会拿来派息,Airasia 则是20%。投资者也可以从每股的净利(EPS)来计算。之前提及一些没有派息的公司,但可以被考虑。举个例子,如果A公司一年的EPS是20仙,会派出 30%的股息政策,每年的70%的净利将会继续留给公司作为未来的发展用途,并且为下一年带来10%盈利增长。如果A公司下一年没有分发股息,自然而然, 投资者对A公司下一年的净利将会包有很大的希望。如果因为那一年没派股息,下一年盈利增加50%,这个很明显是可以原谅的。如果B公司从来都没有派股息, 但每年公司净利的成长率或ROE有带来20%以上,这些公司都可以被考虑。一般还在积极发展的公司都很少派息。通常业务上了轨道,管理层就会宣布派出股 息,激励股东们。

另一方面,股价和股息也是息息相关。除了有抗跌作用,当一个公司赚得钱增加,股息增加,股价上升,这是一个很健康的现象。一些公司,盈利很好,每年都增加,可是股息派发和定期不相上下,管理层很吝啬,这一类的公司股价都很难被看好。


冷眼前辈:“增值与股息,好比是人的两条腿,要走得远,走得快,必须两脚一前一后,交替向前跨越,如此走法,千里可至。若全靠资本增值,等如单脚走路,跳跃向前,难以走远。”

Source: leeinvest

KFC June Breakfast Promotion Print and Enjoy Free Online Coupons!


Saturday, 8 June 2013

经济开放激励旅游商务 亚航放眼30%缅甸市占

(内比都6日讯)亚航集团总执行长丹斯里东尼费南德斯在缅甸内比都接受访问时表示,缅甸今年游客有望达300万人次,预计今年可承载50万人次往返缅甸。

随着缅甸经济开放,鼓励外资投入和旅游活动,亚洲航空预计今年该国可迎来300万游客人次,冀望至少取得这块大蛋糕的20至30%。”

自美国等国解除对缅甸的经济制裁后,该国成功吸引许多国际大厂前往投资,包括可口可乐和福特汽车,相信经济的开放将能够激励观光与商务投活动。

印尼亚航IPO筹6亿

东尼也表示,未来的飞机订购计划将取决于董事部,该集团已订购超过300架飞机,以迎合区域内激增需求。

“我们当然可以订购飞机,但必须等董事部的评估与决定,我们会确保能满足市场需求。”

另一方面,东尼也透露,冀望印尼业务的首次公开募股(IPO),可筹资达2亿美元(6亿1820万令吉)。

“我希望在第四季(进行印尼亚航IPO),规模料与泰国亚航相近,约2亿美元。”

飞行网络占优势 无惧Malindo来势汹汹

亚洲航空认为,飞行网络的连接性是亚航未来的主要优势,因而不担心Malindo航空的竞争。

亚航总执行长艾琳奥玛表示,基于商业模式的不同,亚航并不太担心Malindo航空积极拓展所带来的影响。

“在拓展网络和财务方面,我们持续取得增长,符合亚航集团整体增长展望。”

她说:“亚航时时关注竞争。我们欢迎竞争者,因为这会让我们表现得更好、更厉害。”

亚航将从吉隆坡飞往新德里、科钦(Cochin)和崔奇(Trichy)。

航线地图接近完成

据悉,科钦和崔奇是亚航在印度表现最强的航线,而亚航姐妹航空———亚航X,则因为营运成本高而放弃飞往新德里。

不过,市场人士表示,亚航可能重新飞往新德里和孟买,为即将启航的印度亚航,在南部区建立强劲连通性。

艾琳奥玛表示,亚航接近完成其航线地图,相较之下比Malindo航空占优势。

她说,亚航集团在大马、印尼、泰国、菲律宾和日本已建立强劲品牌,并在全球廉航市场找到其利基市场。

她说,新航空公司必须花很多时间,才能在同样的水平竞争。 
 

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Thursday, 6 June 2013

AirAsia expects Indonesia IPO in Q4, to raise US$200m

NAYPYITAW, Myanmar (June 6): Malaysia's AirAsia Bhd aims to raise US$200 million (RM616.80 million) in an initial public offering of its Indonesian unit, which will be listed in the fourth quarter, the budget airline's group chief executive officer said on Thursday.

Asked about the IPO, Tan Sri Tony Fernandes told Reuters: "I hope in the fourth quarter. And it'll be very similar size to the Thailand unit's IPO, about US$200 million."

Fernandes was speaking on the sidelines of the World Economic Forum on East Asia, which is being held in the Myanmar capital Naypyitaw.

Read more: http://fz.com/content/airasia-expects-indonesia-ipo-q4-raise-us200m#ixzz2VRg8qHDJ

Saturday, 1 June 2013

IHH gets clinic licence in China

PETALING JAYA: IHH Healthcare Bhd's unit Parkway (Shanghai) Hospital Management Ltd has received a licence from the China authorities to establish a wholly owned enterprise reinvestment clinic named Suzhou Industrial Park Yuan Hui Clinic Co Ltd.

The licence was valid from May 29 till May 28, 2033 and the clinic had a registered capital of 3 million yuan (RM1.5mil), it told Bursa Malaysia.
 

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