Vitrox plans to invest up to RM300mil on Batu Kawan facility


Group chief executive officer Chu Jenn Weng(pic) told StarBiz that the facility would be ready for operation in 2022 or 2023.

BATU KAWAN: Vitrox Corp Bhd plans to invest RM200mil to RM300mil to start the construction of a new design and production facility in Batu Kawan in two years.

Group chief executive officer Chu Jenn Weng told StarBiz that the facility would be ready for operation in 2022 or 2023.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

London's US$24bil Crossrail finally opens Premium
Oil price settles nearly flat; recession worry vies with higher demand outlook Premium
GLOBAL MARKETS-Stocks rally as euro gains on likely rate hikes Premium
Chipmaker Broadcom in talks to acquire VMware for US$60bil Premium
Kenanga adjusts SDP outlook, price to stay firm Premium
RM100mil office space savings forecast for TM Premium
Allianz aims for more share Premium
IOI Corp projected for a better quarter Premium
Pharmaniaga remains on a healthy trend Premium
Swift Haulage to expand its customer base Premium

Others Also Read