Wednesday, March 3, 2010

Daibochi Plastic And Packaging Industries Berhad : Developments On Track-03/03/2010

Trial run products progressing well. Daibochi’s trial run for the packaging of a dairy product for a major dairy producer is well on track, and accordingly, orders have started gaining pace in 1Q10. We also understand that Daibochi has since started on some samples for the group’s other product ranges. Given that the dairy industry is a niche industry, requiring some rigid technical knowledge, we understand that it is not an easily penetratable industry and thus, margins are generally on the higher-end.

Daibochi Plastic And Packaging Industries Berhad : Developments On Track-03/03/2010

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