Century begins work on Indon paper bags plant


  • Business
  • Thursday, 26 Jul 2007

KUALA LUMPUR: Century Bond Bhd (CBB) has started work to set up a facility to manufacture paper bags to be carried out under PT Prestige Packages Indonesia (PTPPI) in Medan, Indonesia. 

In a filing with Bursa Malaysia, CBB said PTPPI would be 95%-owned by its wholly-owned subsidiary Prestige Packages Sdn Bhd (PP) and 5% by Brandpak Industries Sdn Bhd, a subsidiary of PP. – Bernama 

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