Friday 26 Apr 2024
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KUALA LUMPUR (Sept 6): Goh Ban Huat Bhd (GBH) is looking at expanding its sanitaryware business into the Vietnamese property market, said its executive director David Lai.

He added there are several Malaysian property developers with projects in Vietnam, whom the group can ride on.

“I think that would be a good platform for us to set base (in Vietnam) and see whether we can sell our sanitaryware beyond Malaysia," he told reporters after the group's annual general meeting today.

Lai said the plan is still at the initial stage and it would take a gestation period of nine to 12 months to a collaboration, as discussions with developers are ongoing.

GBH corporate advisor Datuk Thor Poh Seng said the group is still on the lookout for a new business, after it exited the clay pipes manufacturing business in financial year ended March 31, 2017.

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