FoundPac moves into critical auto parts

Group chief executive officer C.H. Ong said the group had planned to start its automotive critical parts business this year, but had to postpone it to 2021 because of the pandemic.

George Town: Foundpac Group Bhd, with RM51mil in net cash as of June 30, will venture into the production of critical automotive parts business in 2021.

Group chief executive officer C.H. Ong said the group had planned to start its automotive critical parts business this year, but had to postpone it to 2021 because of the pandemic.