News Snapshot:
By Eu Hong Chew ASIA File Corporation Bhd (Asia File) is today a global stationary company with operations in Malaysia and Europe. Malaysia only accounted for about 11% of the group’s revenue with the bulk of the balance from Europe. Many traditional industries such as newspapers and taxis are being disrupted by digital technology. Many would agree that the stationery industry is a candidate for disruption. A chart of Asia File historical performance relative to the 2008 levels showed that: Revenue grew initially due its European merger and acquisition (M&A) programme as part of the company’s plan to be an...
