Supermax to spend RM62mil as capex


  • Business
  • Saturday, 26 Jun 2004

Supermax Corp Bhd, Malaysia's third largest latex glove manufacturer, plans to spend RM62mil as capital expenditure (capex) for this year and 2005, group managing director Stanley Thai said yesterday. 

He said for this year, the capex would amount to RM42mil, the bulk of which would go towards completing the first phase of its sixth factory and upgrading the production machinery. 

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