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Announcement Details :
The Board of Directors of Freight Management Holdings Bhd ("FMH") would like to inform the Exchange that the Management has today revealed at a press interview that FMH is targeting by financial year ending 2010 net profit growth of 50% based on the reported net profit of financial year ended 2007.
FMH is also targeting to invest between RM30 million to RM35 million through acquisition of new companies and expansion of existing business.
The Board of Directors wishes to confirm that the bases and assumptions in deriving the profit targets are based on management estimates and have not been reviewed by external auditors.
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