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Business

US-based Paramit to develop RM60mil facility in Penang

By DAVID TAN
Factory in the forest: an artist

GEORGE TOWN: Paramit Corp, a US-based medical device manufacturer, is investing RM60mil for a new facility in Penang Science Park, Bukit Minyak.

Paramit Malaysia country manager Thomas La Rose said the new facility would serve as the its main manufacturing facility in Asia.

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Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Business , Paramit , penang , facility , us-base ,

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