GeFung's plan to offset profit shortfall

GeFung Holdings Bhd. Which markets 80% of its marbles and granite slabs in China, wants to expand its business in Turkey and the Middle East.


The group is venturing upstream in Turnkey by buying to extract marble blocks while trying to establish new markets in fast developing areas in the Middle East such as Abu Dhabi and Dubai.


It is banking on its expansion plans to help it achieve its profit guarantee of some RM 28 million for the financial year ending Dec 31, 2008.

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