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Malaysia : Cheetah’s focus on diversification
December 7, 2006 |  |
The Malaysian company Cheetah Holdings Bhd is involved in designing, product development, marketing and retailing of sports apparel, accessories and casual wear.
This company is about acquire a local company and is also eyeing for another one possessing international brand's trademark license.
The company plans to focus on acquisition and diversification of businesses with a hope to increase its 40 percent profits.
Cheetah invested about RM700,000 and acquired a stake of 75 percent in Above Fashion House Sdn Bhd to venture into retailing and distribution of ladies' accessories.
The company also signed a trade mark licence agreement with UK-based Woolworths Plc and acquired exclusive rights to manufacture and distribute Ladybird merchandise in Malaysia and Singapore.
Cheetah currently has over 500 counters nationwide.
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