To Whom It May Concern:
Announcement: Tobacco Retail Price Increase Effective 01st April 2018
Dear Valued Customer,
We received an important announcement from Oettinger-Davidoff in Basel, Switzerland and as well as from Pacific Cigar Company in Hong Kong and their representative office in Malaysia, informing us that the new Export Price on the Tobacco products for both Dominican and Cuban cigars will increase effective 01st April 2018.
We were informed that the export price increased is significant mainly due to the increased of raw material costs and other factors in the manufacturing. In addition, to the high exchange rate of foreign currencies against Ringgit Malaysia, we have no other rational alternative but to increase our tobacco- selling price accordingly.
At Davidoff of Geneva Malaysia, we are committed in providing our customers with great value and great service. In light of recent market changes, it became necessary for us to increase our Tobacco retail price effective 01st. April 2018.
Our company will honour the current price lists until 31st. March 2018.
We trust that you have observed this important announcement and update your new selling price that reflects a similar increase.
We will circulate our new Tobacco Price List for 2018 before or latest on Monday, 26th March 2018.
Brand Manager – Tobacco Division