AmBank approves RM718mil financing for China Vital's Asus plant in Kedah


KUALA LUMPUR: AmBank Group has approved RM718 million in financing for Asus Advanced Technologies (Malaysia) Sdn Bhd, a wholly owned subsidiary of China Vital Technology Group, to support a new manufacturing plant in Kulim Hi-Tech Park, Kedah.

In a joint statement, AmBank and China Vital said the financing is part of AmBank’s Foreign Direct Investment Desk initiative, which supports Chinese investors operating in Malaysia.

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