New thread!



Westports Holdings Bhd is eyeing a suitable merger and acquisition (M&A) target particularly in the Asean region that would be able to chart good growth to the benefit of terminal operators. CEO Ruben Emir Gnanalingam told that he was keen on pursuing a deal but had yet to find a terminal in the region that could join the group. Clearing the air on market rumour that the company is already in talks with external parties, Ruben said that so far nothing suitable was on the plate yet. "I can tell you that we are keen, but we want to pursue the right deal where pricing, valuation and prospects of the terminal are within our expectations. Southeast Asia is the strongest market for us, as the countries here are still bullish on the economic outlook. Asean potential is amazing in the next 20 to 30 years. This is where the growth will be," he said. (StarBiz)

http://www.thestar.com.my/Business/Busines...rowl/?style=biz

This post has been edited by bennike129: Feb 26 2015, 08:24 AM

let go too early when I got it in IPO haha