GUINNESS ANCHOR BHD has allocated RM33mil for capital expenditure over the next three years, its managing director Jac van Herpen said yesterday.
The company expected better pre-tax profits for this year despite stiff competition from cheap beer smuggled in from the Philippines and Thailand, he said at the 11th collective agreement signing ceremony between Guinness Anchor and the Union of Beverage Industry Workers in Petaling Jaya. – Bernama
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