Business Services Industry
Kimberly-Clark bullish about Malaysian prospects, BUSINESS TIMES
Business Times (Malaysia), August, 2001 by Vasantha Ganesan
Business Times (Malaysia) 08-20-2001 KIMBERLY-Clark Products (M) Sdn Bhd - popular for its Scottex, Kleenex and Huggies brands - is bullish about prospects in Malaysia, its group managing director Ken J Whitaker says. Whitaker, who is also in charge of the Singapore market, feels there is still growth potential in Malaysia and estimates that for 2001 and 2002 the company's results will be consistent with global growth expectation of a 6 to 8 per cent year-on-year growth.
He said contribution from both Malaysia and Singapore are significant to the Asia Pacific region. Asia, Latin America, Africa and West Asia made up 19.2 per cent of Kimberly-Clark's global sales of US$13.98 billion (US$1 = RM3.80). Whitaker said ever since the company established...
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