KUCHING: ABM Fujiya Bhd, an automotive battery maker, sees opportunities in the overseas market buoyed by recovering economy, consumer sentiment and implementation of AFTA last year and growing economy.
Its executive director Pauline Tay said the company, which is en route for listing in the Main Market of Bursa Malaysia in the first quarter of this year, planned to expand its foothold in Indo China, South America and Europe.
"Even without the AFTA, competitors are everywhere," Tay told reporters on Tuesday, Jan 18 at the signing of underwriting agreement between ABM Fujiya and AmInvestment Bank.
"AFTA will provide us with more opportunities to tap into the overseas market," she said.
As compared with its direct peers such as Yokohama Bhd, ABM Fujiya is more export driven, with overseas market contributing 47.5% of the company's revenue for the FY09 (Dec 31, 09).
Its executive director Pauline Tay said the company, which is en route for listing in the Main Market of Bursa Malaysia in the first quarter of this year, planned to expand its foothold in Indo China, South America and Europe.
"Even without the AFTA, competitors are everywhere," Tay told reporters on Tuesday, Jan 18 at the signing of underwriting agreement between ABM Fujiya and AmInvestment Bank.
"AFTA will provide us with more opportunities to tap into the overseas market," she said.
As compared with its direct peers such as Yokohama Bhd, ABM Fujiya is more export driven, with overseas market contributing 47.5% of the company's revenue for the FY09 (Dec 31, 09).
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