Globetronics Technology Bhd is currently working out a budget of at least RM20mil for additional machinery for its operations in Penang and China.
Executive chairman Michael K.C. Ng told reporters after the company's AGM in Penang yesterday that the budget was necessary in view of the business outlook in the third and fourth quarters of the year.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!