Pelikan has taken over the listing status of Diperdana recently.
Asia File was one of our most competitive stationery producer in our country. It has more than half market shares of the world market. Now, with Pelikan brand has been taken over by a Malaysian. Malaysia might have control the stationery market after glove industry.
Pelikan recently announced that it would provide an internship programme to student of International Islamic University Malaysia (IIUM). Such programme is unique to German management culture. Now, Malaysian has the opportunity to learn the German management culture.
Pelikan recently also announced that it would build a second plant in Puchong. Today, New Straits Times reported that the company is going to cut cost in it Germany Plant.
According to a book "Juggernaut-The Keys to German Success". Staff in German company enjoy 6 weeks annual leave per year. Usually the company would closed down during Chrismas for a period of about 6 weeks. Yet they able to have the most competitive automobile industry like Mercedes, BMW,ect.
However, Pelikan International Bhd's plant in German is making loss. The management promise to keep the plant to retain the technology of the company when they acquired it from the vendor.
Pelikan should disclose to investor in Malaysia whether such staff still enjoy 6 weeks annual leave. If so, what is the strategy of the company to turnaround the plant in German?
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