US company to invest RM600mil in Segamat plant

Standing from left to right from row - Leaf Malaysia OpCo Sdn Bhd managing director Jason Jones, Johor Tourism, Trade and Consumerism committee chairman Datuk Tee Siew Kiong and B&G Global Property Sdn Bhd deputy managing director at the signing ceremony between Leaf Malaysia and B&G Global Property on land purchase by Leaf Malaysia for its RM600mil plant in Segamat, Johor.

ISKANDAR PUTERI: A Dallas-based company is investing RM600mil to set up a plant in Segamat to convert plant-based biomass into fermentable sugars.

The company’s Malaysian outfit, Leaf Malaysia OpCo Sdn Bhd managing director Jason Jones said construction works on the plant would start either in the first or second quarter of next year.