ASSAB Steels (Malaysia) Sdn Bhd, a subsidiary of Swedish-based Uddeholm, expects to invest RM30mil in the next three years to expand its operations in the Bukit Minyak industrial estate.
ASSAB Steels managing director Terry Hong told StarBiz that the RM30mil would be for the development of new products related to moulds and dies, the purchase of equipment to support its operations in Bukit Minyak, and new facilities to serve and support its customers in the northern region.
