KUALA LUMPUR: Nestle (Malaysia) Bhd has allocated a capital expenditure (capex) of RM220mil for this year, marking its highest capex investment in the past five years.
Nestle Malaysia CEO Juan Aranols said an estimated RM100mil will be for the expansion of the Chembong factory in Negri Sembilan to establish the world’s largest MILO Manufacturing Centre of Excellence.
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