Kulim sets aside RM180mil for capex


ULU TIRAM: Kulim (M) Bhd is allocating RM178mil for capital expenditure (capex) for its plantation operations in Malaysia, Papua New Guinea (PNG) and the Solomon Islands this year and RM3mil for its natural oleochemicals operations in Pasir Gudang.

Managing director Ahamad Mohamad said the allocation would be used for related activities such as planting and replanting programmes and operating expenditure.

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