Thursday, December 19, 2013

XMH

XMH: Announced that Mr Tan Seng Hee, Executive Director and Deputy CEO has left the company to pursue personal interest. Last wk, the group reported uninspiring 2QFY14 results. Revenue was flat y/y, but net profit plunged 44% to $2.0m , due to a weakening rupiah and higher operating expenses following the acquisition of the MPG Group.

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