GEORGE TOWN: Thong Guan Industries Bhd is allocating about RM100mil as capital expenditure till 2016 to position itself as a producer of high-value packaging materials and solutions in Asia Pacific.
Group managing director Datuk Ang Poon Chuan (pic) told StarBiz about 40% or RM40mil of the investment would be for the production of high-end packaging materials and solutions at its Sungai Petani plant.
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