Texchem invests RM74mil to boost performance

Texchem Resources Bhd executive chairman Tan Sri Fumihiko Konishi.

GEORGE TOWN: Texchem Resources Bhd plans to spend RM74mil for existing and new businesses this year to boost the company’s performance.

The planned investments should position the company on a stronger footing after poor seafood landing caused its food division business to decline in the financial year ended Dec 31, 2016 (FY16).