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CITIZEN AIMS TO INCREASE DEALERS TO 150 BY YEAR-END.

Asia Africa Intelligence Wire

| July 11, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Bernama The Malaysian National News Agency)

KUALA LUMPUR, July 11 (Bernama) -- Japanese watchmaker Citizen Watches through wholly-owned subsidiary Citizen Watches (Malaysia) Sdn Bhd aims to increase the number of its nationwide dealers to 150 by end of the year from 100.

"We view Malaysia as an important market with tremendous growth potential due to its growing economy and affluent people," said managing director Citizen Watches Hong Kong, Takao Yagasaki at the launch of the 2005 Citizen watches collection here today. …

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