Spread the news

KUALA LUMPUR: Datuk Seri Dr Pang Chow Huat is making a unconditional mandatory general offer (MGO) at 60 sen to acquire Computer Forms (Malaysia) Bhd (CFM) after buying 133.19 million shares, which is more than 50% of the 205 million issued shares in CFM via direct business transaction on March 31.

“We see great potential for CFM expertise in printing high value products. Under our leadership, CFM would be printing currency notes for central banks in this region in the future, starting with Malaysia. Our team will bring CFM to new heights,“ said Pang

“Instead of outsourcing the printing of Ringgit notes to printers outside Malaysia, Bank Negara can print our Malaysian notes at CFM and save forex outflow to overseas,“ he added.

CFM is a Malaysia-based company that is engaged in printing and distributing of computer forms, stock forms and specialised forms. The company’s segments include Business forms, data print services and commercial printing.

The company’s products include general computer forms, including bill of lading; stock forms, including three line form; security forms, including gift voucher coupon and bank cheque for local banks such as CIMB, Citibank, Public Bank and RHB; optical mark recognition/optical character recognition (OMR/OCR) forms, and mail/pressure seal mailer, including pay envelope and reply envelope.

Click to rate this post!
[Total: 0 Average: 0]

Spread the news
Advertisement

MELODYBIZ 50% DISCOUNT


Have you always desired a smooth online shopping experience. Do you have dreams of putting your goods out on platforms where you can get customers all over Nigeria. Then MelodyBiz Store is the right place for you. We offer competitive prices on goods and services and you can be rest assured to get what you ordered in the stipulated time. Log-on to MelodyBiz and experience a different dynamics of shopping
Previous articleMaybank contributes RM21m to establish Maybank Asean Research Centre with Asia School of Business
Next articleMIDA’s OSC for business travellers to be phased out from April 1