PETALING JAYA: Hong Leong Investment Bank (HLIB) Research lauds the decision by Evergreen Fibreboard Bhd
to move some of its business to Indonesia.
Close to one fifth of its medium density fibreboard (MDF) manufacturing capacity at Batu Pahat is being relocated to its subsidiary PT Hijau Lestari Fibreboard in Indonesia, in a move that holds distinct advantages on both cost and demand factors, said HLIB Research.
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