Why water contractor Salcon is moving into fibre optics

By NG BEI SHAN

Business
Monday, 09 Jun 2014
12:00 AM MYT

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SUBANG JAYA: Water specialist, Salcon Bhd , surprised the market last month when it acquired a majority stake in Volksbahn Technologies Sdn Bhd (VBT), a fibre-optic cable layer and communication technologies service provider.

VBT is founded by Datuk Mohammad Hakim Low Abdullah and German engineer Christoph Zilian.

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
HSI-PWD1	0.215	0.215	0.185	0.205	0.010	5.13	1,088,651
HSI-PWD2	0.090	0.095	0.070	0.080	0.000	0.00	1,059,932
HSI-CWCD	0.195	0.245	0.190	0.200	-0.025	-11.11	1,044,204
MYEG	0.970	0.970	0.910	0.910	-0.060	-6.19	691,128
NEXG	0.260	0.280	0.255	0.275	0.010	3.77	623,365
HSI-PWD7	0.235	0.235	0.205	0.220	0.000	0.00	399,269
OPPSTAR	0.485	0.690	0.485	0.540	0.065	13.68	396,494
NATGATE	1.440	1.440	1.330	1.340	-0.080	-5.63	384,265
HSI-PWD5	0.120	0.125	0.095	0.115	0.000	0.00	341,955
DNEX	0.275	0.320	0.275	0.305	0.025	8.93	314,723
KEYASIC	0.040	0.050	0.040	0.040	0.000	0.00	308,405
CIMB	7.500	7.580	7.480	7.540	0.040	0.53	297,111
SFPTECH	0.270	0.300	0.265	0.275	0.000	0.00	266,618
KAB	0.330	0.335	0.325	0.325	-0.005	-1.52	237,104
HSI-PWD4	0.120	0.120	0.105	0.115	0.010	9.52	212,518

Why water contractor Salcon is moving into fibre optics