The Recycler
  • Katun web banner December 2022 NEW
  • G&G Masthead August 2024
  • Ambiente 2025 Masthead
  • Biuromax Masthead web banner March 2024

Jadi talks about future plans

October 24, 2019

The Malaysia-based toner manufacturer has recently spoken to The Edge Malaysia Weekly revealing that it believes with its plans its share value can go up 18 to 20 times.

In an article first published in The Edge Malaysia Weekly CEO Liew Kim Siong talks about his plans for the company, upscaling of capacity and the latest about the deal with SCC which was announced in August.

When asked about the current state of the printing industry, Siong recognises that digitisation is replacing hardcopy printing in parts but insists that “office printing is here to stay”.

Siong talks to The Edge about a change in demand of its dry-powdered toner for laser printers and multi-function printers which prompted him to seek a strategic partner in China.

Earlier this year, the announcement was made by Jadi on the Malaysian Bourse confirming that it had entered into a subscription agreement with SCC (a Ninestar Group subsidiary). The Proposed Subscription would provide Jadi with the funds necessary to support the expansion of its manufacturing facilities as well as an access to a larger market, whilst Ninestar Group will be able to leverage on Jadi’s R&D and manufacturing capabilities of toners.

The Board said that the entry of SCC as a substantial shareholder of the Company with board representation is a strategic move as it will enable both parties to leverage on each other’s technical knowledge and experience in the printing and imaging sector.

Siong said to The Edge: “With them in, our chemical toner business will be very much on auto-pilot mode. In fact, we don’t even have sufficient capacity to meet all the volume they want. We are a different animal from what we used to be. Unfortunately, the market does not see our potential yet.”

“Despite the good news that Jadi is teaming up with Ninestar, which will provide us earnings visibility for the next three years, we are not seeing any interest in our shares, and that is disappointing,” Siong added.

The Edge stated that based on the committed buying volume from Ninestar, Jadi will supply SCC a total of 250mt of chemical toners in the first year, starting in April next year, followed by 325mt and 420mt in the following years.

The expansion will see Jadi move to an annual toner capacity from 100mt currently to 800mt by early next year.

Jadi’s Executive Director and Group Sales Manager Liew Kit added to the interview that they believe that if the partnership works well they are not excluding the idea that Ninestar might want to take up a bigger share in the company.

To read the full story, click here.

Categories : World Focus

Tags : Jadi Ninestar Partnership SCC

  • IR Italiana Web ad January 2021
  • GM Technology October 2024
  • Static Control June 2022 Big & Bold Ad
  • Biuromax web banner July 2024
  • Ink Tank No Web advert
  • G&G web advert October 2024
  • TN Core Nov Web advert
  • Cartridge Web Nov Web Banner
  • Apex September 2024 Web ad
  • Zhono Web ad March 2024
  • HYB Web banner Jan 2024
  • ITP Web ad January 2021
  • denner UK Web Banner Jul 2024
  • PCL Nov Web advert
  • CET Web ad December 2023
  • Mito Web banner June 2024
  • Denner Feb 2024 Web Ad
  • PCL Nov Web advert
  • Denner Feb 2024 Web Ad
  • Zhono Web ad March 2024
  • Mito Web banner June 2024
  • HYB Web banner Jan 2024
  • CET Web ad December 2023
  • ITP Web ad January 2021
  • denner UK Web Banner Jul 2024
  • Zhono Web ad March 2024
  • denner UK Web Banner Jul 2024
  • Mito Web banner June 2024
  • CET Web ad December 2023
  • ITP Web ad January 2021
  • Denner Feb 2024 Web Ad
  • HYB Web banner Jan 2024
  • PCL Nov Web advert

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2023 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark