BFM 89.9
The Business Station
Surviving A Costly Expansion, It's Back to Basics for this Equipment Maker
22 mins
·
01:07, 14 Jun 2011
·
Recommended
Pentamaster Executive Chairman Chuah Choon Bin discusses:
- How company began - partners - capital - business model;
- Path to profitability;
- Early challenges;
- First big break with vision inspection machines;
- Its (ll-fated) expansion into contract manufacturing;
- Couldn't raise money to expand even as a listed company and reasons why;
- Borrowing to expand - but being unable to service the debt;
- Decision to refocus, go back to basics;
- Pinning their hopes on a glove recycling machine;
- How big the orders are now and how its transformation is going;
- Profit outlook for the rest of the year;
- His message to budding entrepreneurs.
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Surviving A Costly Expansion, It's Back to Basics for this Equipment Maker
22 mins
·
01:07, 14 Jun 2011
Pentamaster Executive Chairman Chuah Choon Bin discusses:
- How company began - partners - capital - business model;
- Path to profitability;
- Early challenges;
- First big break with vision inspection machines;
- Its (ll-fated) expansion into contract manufacturing;
- Couldn't raise money to expand even as a listed company and reasons why;
- Borrowing to expand - but being unable to service the debt;
- Decision to refocus, go back to basics;
- Pinning their hopes on a glove recycling machine;
- How big the orders are now and how its transformation is going;
- Profit outlook for the rest of the year;
- His message to budding entrepreneurs.
Share:
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