Kiswire to inject RM1.8bil to bolster Msian operations


JOHOR BARU: Kiswire Malaysia, a division of South Korea’s major steel wire producer Kiswire Ltd, will inject RM1.8bil in fresh investments in Johor as it embarks on a mission to turn Malaysia into a production hub for high-carbon steel wire products in South-East Asia.

Kiswire Ltd chairman Hong Yong Chul said the capital injection was to upgrade its operations with the aim of boosting its annual production capacity.

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