Lotte invests extra RM1.5bil in Johor


It’s a deal: Mohamed Khaled shaking hands with Soon (second from left). With them are Azman (left), Kamaruzzaman (fourth from left), Dr Ali and Johor state secretary Datuk Ismail Karim (right).

South Korean firm to increase capacity at its present manufacturing facilities

SEOUL: South Korean conglomerate Lotte Chemical has received the principal hub (PH) status from the Malaysian Investment Development Authority (Mida) following its decision to invest an additional of RM1.5bil in Johor.

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