DRB-Hicom unit plans new plant, RM300mil alocated

KUALA LUMPUR: CTRM Aero Composites Sdn Bhd, the aerospace arm of DRB-Hicom Bhd, is planning to open a new plant next year to meet growing demand from plane makers.

The company, which based in Batu Berendam, Malacca, has allocated RM300mil for its 2014-2018 capacity expansion programme.

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