Friday, April 20, 2012

IPO ... Pestech


Pestech International Bhd, an electric power technology company, says it has received approval from the Securities Commission for a listing on Bursa Malaysia's Main Market.

Bank Islam Malaysia Bhd has been hired as the principal adviser for Pestech's listing.

The group also said it had won and delivered multi-million projects involving electrical power transmission and distribution.

This covers high voltage and extra high voltage sub-stations, transmission lines and underground cable works.

Tenaga Nasional Bhd (TNB) has been Pestech's main client since 2000, contributing 36 per cent to its revenue in its financial year ended December 31 2010, Pestech said in a statement yesterday.

Pestech chief executive officer Paul Lim said the company is strategically positioned in the industry as utility companies and industrial users rely and engage its services.

Pestech is one of the few local companies with the knowledge and capability to design and manufacture its own communication, protection and control products for use in its projects as well as to be sold as finished products.

Established in 1991, Pestech ventured overseas in 2007 and won its first contract for the supply of products in Brunei.

Since then, Pestech had successfully penetrated Ghana, Papua New Guinea, Cambodia, Sri Lanka and Tanzania.

Its foreign revenue contribution has a steady growth in the last five years with some 51.4 per cent of its revenue originating from overseas operations.

Pestech current key project is the design, building, testing and commissioning of sub-stations in north Phnom Penh and Kampong Cham in Cambodia, and the 110km and 230kV transmission link between these two areas.

23 comments:

bamboo investments said...

Ghana, Papua New Guinea, Cambodia, Sri Lanka and Tanzania -- Those are all true developing countries. A great play on growth there.

Anonymous said...

buy tramadol online tramadol hcl 37.5-3 - tramadol hcl online

Anonymous said...

generic xanax buy real xanax online - buy xanax valium online florida

Anonymous said...

buy tramadol online tramadol hcl contents - tramadol 50mg uses

Anonymous said...

buy tramadol online tramadol liver - tramadol hcl capsules 50mg

Anonymous said...

buy alprazolam online xanax under tongue or swallow - buy xanax online safe

Anonymous said...

tramadol without prescription tramadol kick in time - generic name tramadol hcl

Anonymous said...

carisoprodol 350 mg carisoprodol soma sun - carisoprodol high blood pressure

Anonymous said...

cialis online buy cialis 5mg online - buy cialis vs viagra

Anonymous said...

xanax cost xanax pills do they do - xanax xr online pharmacy

Anonymous said...

buy cialis online cialis online buy - order cialis online

Anonymous said...

buy cialis online buy cialis online no prescription - buy cialis online malaysia

Anonymous said...

xanax for anxiety xanax drug test facts - xanax withdrawal can't sleep

Anonymous said...

http://landvoicelearning.com/#23561 tramadol for dogs on empty stomach - buy tramadol online by cod

Anonymous said...

tramadol online cod buy tramadol online no prescription usa - tramadol withdrawal body aches

Anonymous said...

buy tramadol online buy tramadol overnight delivery no prescription - picture of generic tramadol

Anonymous said...

buy tramadol tramadol hcl is it a narcotic - tramadol overdose vomiting

Anonymous said...

http://blog.dawn.com/dblog/buy/#85714 tramadol for dogs diarrhea - buy tramadol online in usa

Anonymous said...

buy tramadol online high on tramadol 50 mg - tramadol dosage 80 lb dog

Anonymous said...

buy tramadol free shipping order tramadol overnight - tramadol overdose antidote

Anonymous said...

buy tramadol online tramadol dosage large dogs - tramadol dosage 100 lb dog

Anonymous said...

buy tramadol online tramadol help vicodin withdrawal - order tramadol for dog

Anonymous said...

buy tramadol overnight shipping cheaptramadolonline - tramadol help vicodin withdrawal