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morning-run · the-breakfast-grille · 13 Jun 2011 · 22 mins listen
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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