AmInvestment Research says Luxchem's sound financial standing coupled with its cash generative business further support its Buy conviction
PETALING JAYA: Luxchem Corp Bhd
, an industrial chemical and related products manufacturer, has allocated between RM10 and RM15mil for capital expenditure (capex) for financial year 2018.
Managing director/chief executive officer Tang Ying See said the allocation would be disbursed progressively in stages for a warehouse construction in Pulau Indah, Port Klang.
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