Malaysia to import Walton products from RB Group
Sunday, 23 August 2009
FE Report
RB Group of Companies Ltd, a leading electrical, electronics and automobile manufacturing and marketing company in Bangladesh, will export Walton brand refrigerators and motorcycles to Malaysia.
The local company has recently signed an agreement in this connection with famous Malaysian company 'Aget Group' at its office at Menara Safun Tower in Kuala Lumpur. Under the agreement, in the primary stage the Malaysian company will import 0.1 million (one lakh) refrigerators and 50,000 motorcycles every year.
Walton Adviser Mizanur Rahman and Chairman of Aget Group Sultan Abdul Kadir signed the agreement on behalf of their respective sides. Walton Director (Finance) Abul Basar Howladar, Managing Director of Seven C Resources Matiur Rahman, Managing Director of Deen Metal Industries Ahmed Ali and General Manager of Aget Group Engineer King Lee were also present in the signing ceremony.
In the signing ceremony, Sultan Abdul Kadir expressed his interest to invest largely in Bangladesh saying Bangladesh is a fraternal country and the country can be prosperous because of her natural resources and cheap manpower.
He also pointed out that through the agreement the relationship between the two fraternal countries would increase in future and Bangladesh would get an opportunity to expand its market in the ASEAN region.
Walton Adviser Mizanur Rahman said: Walton refrigerators are being exported to South Africa, Australia and some other European countries and Walton now eyes ASEAN countries for doing good business".
RB Group of Companies Ltd, a leading electrical, electronics and automobile manufacturing and marketing company in Bangladesh, will export Walton brand refrigerators and motorcycles to Malaysia.
The local company has recently signed an agreement in this connection with famous Malaysian company 'Aget Group' at its office at Menara Safun Tower in Kuala Lumpur. Under the agreement, in the primary stage the Malaysian company will import 0.1 million (one lakh) refrigerators and 50,000 motorcycles every year.
Walton Adviser Mizanur Rahman and Chairman of Aget Group Sultan Abdul Kadir signed the agreement on behalf of their respective sides. Walton Director (Finance) Abul Basar Howladar, Managing Director of Seven C Resources Matiur Rahman, Managing Director of Deen Metal Industries Ahmed Ali and General Manager of Aget Group Engineer King Lee were also present in the signing ceremony.
In the signing ceremony, Sultan Abdul Kadir expressed his interest to invest largely in Bangladesh saying Bangladesh is a fraternal country and the country can be prosperous because of her natural resources and cheap manpower.
He also pointed out that through the agreement the relationship between the two fraternal countries would increase in future and Bangladesh would get an opportunity to expand its market in the ASEAN region.
Walton Adviser Mizanur Rahman said: Walton refrigerators are being exported to South Africa, Australia and some other European countries and Walton now eyes ASEAN countries for doing good business".