Pharmaniaga ties up with Saudi firm to build RM120mil factory in Riyadh


Lodin)left):

PETALING JAYA: Pharmaniaga Bhd is teaming up with Modern Group, one of the largest companies in Saudi Arabia, to build a RM120mil manufacturing plant in Riyadh.

Pharmaniaga chairman Tan Sri Lodin Wok Kamaruddin said the 50:50 joint venture was part of the company’s strategy to accelerate the growth of its pharmaceutical business and to capture the rapidly growing opportunities in Saudi Arabia.       

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Business , pharmaniaga

   

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