GEORGE TOWN: LNG Resources Bhd is spending RM20mil this year to expand its operations in Malaysia and overseas, in view of the purchasing orders it has received so far for the first quarter 2014 and the positive feedback from its customers for future orders.
Group director Jackie Yong told StarBiz that the money would be spent largely for expanding its precision tooling production facilities in India and Vietnam, which generated about 25% of the group’s revenue.
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