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Aug 12, 2011 / in News
PLANTATION, AUTO UNITS TO DRIVE DELLOYD GROWTH

SHAH ALAM: Car parts maker Delloyd Ventures Bhd expects to record 20 per cent growth in both bottomline and topline for its financial year ending March 31, 2012.

Managing director Datuk Seri Tee Boon Kee said the expansion will be driven by its plantation and automotive businesses.

"We see a better contribution from the plantation segment and we are expecting to balance the contribution equally in the coming years," he told reporters after chairing the company's annual general meeting here, yesterday.

Currently, the company has a total of 15,871ha of oil palm plantations, comprising 1,449ha plantation in Sungai Rambai, Batang Berjuntai in Kuala Selangor and 14,422ha in Pulau Belitung, Indonesia.

- New Straits Times 12 Aug 2012