EG Industries Executive Chairman Terence Tea Yeok Kian (left) and CEO Alex Kang showing the range of box-built products designed and manufactured by the group. - ZHAFARAN NASIB/The Star.(Filepic)
KUALA LUMPUR: EG Industries Bhd
, an electronic manufacturing services (EMS) company, has allocated RM30mil for capital expenditure in its 2018 financial year to enlarge its plant in Sungai Petani, from about 20,002 sq m to 24,154 sq m.
Group chief executive officer and executive director Alex Kang said the expansion, to be funded through bank borrowings and internally generated funds, was to cater to the strong enquiries from customers for box-build contracts, reiterating the company's stronger proposition in this segment.
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