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 Companies that invest in China

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flight
post Jul 15 2009, 01:37 PM

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Try taking a look at mega first corporation.

Their doing a joint venture with IJM to do a power plant in laos or somewhere there I think, their in the business of power plants, property, lime stone quarrying. The biggest plant is in China. They also have a plant in Sabah as well. Their property division is kicking off, PJ8 was finished recently, that was a joint venture with IJM. They have several other businesses and property projects as well.

Their market cap is somewhere around RM238 million, but their cash holdings is RM140 million. Historically they've been a stable company with growing profits, although their profits have been down for the past year or so.

 

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