Century Bond eyes Viet carton boxes market

CENTURY Bond Sdn Bhd, which is making its first overseas investment of RM10mil in Vietnam, aims to capture 10% share of the corrugated carton boxes market there within a year of starting production in mid-2004. 

Managing director Alan Tan Siew Kim said a wholly-owned subsidiary, Prestige Packages Sdn Bhd, had recently bought a 60,000 sq m site in the Long Nai Province and would set up a plant to make multi-wall paper bags and corrugated carton boxes.