Trading to Making to Upstream: an Oil and Gas Journey

Pantech Group Holdings Bhd ED Adrian Tan discusses: 

- Starting life as a pipe trader - evolved into a manufacturer - what prompted the move up the value chain; 

- Decision to expand into stainless steel manufacturing - decision drivers; 

- Difficulties of learning a new business -- teething pains -- progress -- DETAILS; 

- Acquisition of Nautic -- developments - expansion with Nautic -- DETAILS; 

- Market for the Nautic line of products; - Types of products sold -- selling prices -- outlook; 

- inventory days - creditor days - issues; 

- Local - foreign revenue mix -- breakdown - details; 

- Cash @ 92 million ringgit from 80 million ringgit year ago - Plans; 

- Amount due from associate - path to recovery; 

- Reasons for restatement - Receivables; 

- Margins in trading higher than manufacturing .. reasons; 

- Dividend payout - policy.