Electronic and telecommunications products-maker Team Concepts will have completed its restructuring by the end of this year, vice-chairman Chin Hon-thatt said. Earlier this year, Team Concepts' ultimate parent, Paracorp, became the company's controlling shareholder. It would transfer up to 65 multinational customers to Team Concepts, Mr Chin said. He said the company had made provisions of $1 million for restructuring costs for the period from April 1 to December 31, 1997. Group revenue for the nine months to December 31 was $462.6 million, a 22.3 per cent reduction compared to the year to March 31, 1997.