New high for Dagang NeXchange Bhd
KUALA LUMPUR: Edible oil manufacturer CI Holdings Bhd
will spend RM12.5mil in capital expenditure for the financial year ending June 30, 2018, to expand its production capacity.
The group's managing director Megat Joha Megat Abdul Rahman said the new capacity from a plant currently undergoing construction in Banting, Selangor, would enable the group to fulfil an additional 5,000 container loads of edible oil for export.
“We are currently constrained by capacity. We are already running at 100% capacity, and yet, still unable to fulfil our expanding orders,” Mega Joha told reporters.
He said the new plant was expected to be operational by March 2018.
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