SLP Resources in net cash position


Hot item: SLP Resources workers producing plastic packaging products and goods at its plant in Kulim. The firm says the demand for flexible packaging materials has surged.

GEORGE TOWN: Plastic packaging maker SLP Resources Bhd has RM77mil in net cash, sufficient for the group to use as working capital and maintain operations for 24 months should the global pandemic worsen.

Group managing director Kelvin Khaw told StarBiz that as of March 31, its cash reserves stood at around RM77mil.

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