Banking on pipe business Fitters expects new line to be as big as fire services


Wong: 'We envisage that by end-2015, the revenue from this business will be the size of the fire services revenue.'

KUALA LUMPUR: Fitters Diversified Bhd sees its new pipe-manufacturing business becoming as big as its fire services business in terms of revenue after a year in operations.

The group, which earns the bulk of its income presently from fire-fighting equipment and property development, had last week formalised a partnership with several parties to produce and market “orientated PVC” (PVC-O) pipes in the South-East Asian region.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Quantum leap for EcoWorld
New US rule on foreign chip equipment exports to China to exempt allies
UBS enters ESG debt swap market
Australian home price gains ease as Sydney cools, Melbourne falls
Ackman’s Pershing Square USA pulls IPO
AirAsia carrier restructuring nears finalisation
5G private network use cases imminent
Nvidia adds US$329bil in value as volatility soars
Toyota posts 17% increase in 1Q profit
Japan’s trading houses see rate hike as positive for business

Others Also Read