Business News

Published: Thursday March 7, 2013 MYT 12:00:00 AM
Updated: Thursday April 18, 2013 MYT 1:21:35 AM

PPB Group plans RM592m capex over next 2 years

KUALA LUMPUR: PPB Group Bhd has committed to spend up to RM592mil over the next two years to expand its various businesses.

The businesses would include grains trading, flour and feed milling, property, waste management and film exhibition and distribution.

Most of the capex would be to invest in flour mills in China as well in other countries with high population like Vietnam and Indonesia.

The group also intends to invest in three new cinemas with a total of 28 new screens this year, said its managing director Lim Soon Huat.

Tags / Keywords: News, Business, PPB Group Bhd, RM592mil investment, managing director Lim Soon Huat, Business

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