SAM plans to grow via additional investments and acquisitions


GEORGE TOWN: Sam Engineering & Equipment (M) Bhd, which specialises in producing component parts for airline companies such as Airbus and Boeing, is looking at organic expansion as well as through acquisitions.

The group with backlog orders of RM2bil that will keep it busy until 2020 has set aside RM200mil to invest in its operations in Malaysia over the next two years.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Investment banks upbeat on Malaysia's GDP outlook, ticks geopolitical risk as downside
MAA: Malaysia's new vehicle sales up 21% in April
Public Bank net profit dips 3.5% to RM1.65mil in 1Q
Tipping point of retirement village living
Malaysia trade up 12.1% to RM221.74bil, exports rebound 9.1% to RM114.72bil in April
Bursa Malaysia's rally continues to gain momentum
OCBC bank signs MoU with Beibu Gulf to attract investors to MCKIP
Most Chinese developers' shares fall despite latest support measures
Thai Q1 GDP grows 1.5% y/y, above forecast
Ringgit stages small rebound boosted by US Fed rate cut prospects

Others Also Read