KESM to invest RM100mil in expansion over five years


  • Business Premium
  • Thursday, 09 Jan 2003

KESM Industries Bhd plans to invest RM100mil in the next five years to progressively upgrade and purchase new machinery as well as increase its workforce by 40% to 1,200 employees in its financial year ending July 31, 2003, according to its executive director Kenneth Tan. 

He said this move was due to the rapid ramp up in production partly from its RM50mil manufacturing service agreement with Motorola secured in July last year.  

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