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News in brief – MOL Bhd and Delloyd Ventures Bhd

Posted on: June 16, 2009


Bernama – 2 hours 11 minutes ago

MOL MEDIA SDN BHD, the media distribution arm of MOL AccessPortal Bhd, is planning on targetting the niche expatriate audience of Non Resident Indians in South East Asia, starting with Singapore and Malaysia in the third quarter of this year.

It will be demonstrating its MOL TV service – Live from India, Indian channels with time-shift capability, ie televison-on-demand and movie-on-demand.

MOL Media expects to have a revenue turnover of approximately US$2.8 million from the Singapore market alone within the next 36 months. — BERNAMA

DELLOYD VENTURES BHD announced that its sub-subsidiary, PT Asian Auto International, Indonesia(PT AAI) has entered into a conditional exclusive importer and distributor agreement with Beijing Bus Branch, Beiqi Foton Motor Co Ltd, China (Beijing Bus) to import and distribute buses.

It will include the import of CKD/SKD bus chassis and sub-components, assembly and/or manufacture and distribution of the buses.

Beiqi Foton Motor is a state controlled listed company with its headquarters located in Beijing, China. — BERNAMA

CL SD

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