UMW outlines RM1.3bil capital expenditure


KUALA LUMPUR: UMW Holdings Bhd, which plans to list its oil and gas division, has outlined RM1.3bil as its capital expenditure for the financial year 2013.

Its president and group CEO Datuk Syed Hisham Syed Wazir said on Wednesday that of the RM1.3bil, it would allocated RM300mil to the automotive sector.

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