Eonmetall plans to invest RM100mil in steel racking and M&E ops


ThyssenKrupp AG's steel plant in Duisburg, Germany. Bloomberg

GEORGETOWN: Eonmetall Group Bhd is investing more than RM100mil this year and 2019 in its steel racking and machinery and equipment (M&E) business.

Group managing director Yeoh Cheng Chye said about 70% of the budget would go into the construction of 10 palm oil solvent extraction plants for a government-linked company in the plantation business.

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