NTPM to spend RM50mil on expansion


Group managing director Lee See Jin(filepic) told StarBiz that the expansion would increase the group

GEORGE TOWN: NTPM Holdings Bhd, the manufacturer of Premier tissue paper, is spending RM50mil to expand its manufacturing facilities in Vietnam and Penang this year.

Group managing director Lee See Jin told StarBiz that the expansion would increase the group’s total production capacity to 170,000 tonnes per year from 110,000 tonnes.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , NTPM , KLee see Jin , Premier , tissues , Penang , production , expansion ,

Next In Business News

Cropmate's bank accounts unfrozen by MACC
Liftech Group wins RM25mil material handling system contract
Ringgit firms as US rate hike expectations recede
SHH to acquire 51% stake in gold mining firm for RM4mil
Malaysia, Taiwan formalise RM7mil bioeconomy collaborations
Kerjaya Prospek emerges as strategic shareholder in ES Sunlogy with 9.09% stake
MACC unfreezes Padini's bank accounts
Blue-chip buying lifts FBM KLCI amid weaker regional markets
Asian gas prices near four-month high on Mideast tensions
Li Ka-shing’s cash-out plan sets stage for leadership shift

Others Also Read