Thong Guan spends RM150mil on expansion


Group executive director Alvin Ang told StarBiz that these six lines would raise the group’s production capacity to 230,000 tonnes per annum from 180,000 tonnes in 2021.

George Town: Thong Guan Industries Bhd will invest RM150mil to add six production lines, comprising three blown film and three stretch film lines, to its new 24-acre production site in Sg Petani.

Group executive director Alvin Ang told StarBiz that these six lines would raise the group’s production capacity to 230,000 tonnes per annum from 180,000 tonnes in 2021.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Thong Guan , expands , production , lines , Alvin Ang ,

   

Next In Business News

Kenanga maintains 'outperform' on Dialog as outlook remains intact
Bursa continues to edge lower as Wall Street stays flattish
Trading ideas: MISC, SP Setia, Gas Malaysia, Mega First Corp, Dayang, Sunway REIT, Magnum, Dialog, Kobay and AME Elite
Proton finalises deal to sell and service EVs
China plans more fiscal stimulus as economy outlook darkens
MAA: Total vehicle sales up more than 500% y-o-y in July
Federal Court rules in favour of SC over auditor
S P Setia secures RM1.67bil sales in 1H
Ringgit eases against US dollar
AmBank poised for positive returns in FY23

Others Also Read