Spritzer to invest RM30mil for expansion


GEORGE TOWN: Bottled water producer Spritzer Bhd will invest RM30mil for a warehouse and other fixed assets this year to cater for an increase in production output, says group chief executive officer Kenny Lim.

He told StarBiz that the group recently added a production line in the fourth quarter of 2022 to raise its output to one billion litres from 850,000 litres previously.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Gold edges higher on lower oil prices, subdued dollar
Deeper Sino-Asean ties promise tangible benefits
AirAsia's Fernandes says travel demand remains strong, current crisis 'far' less severe than Covid
Bank of Japan lifts rates to 31-year high, two board members dissent
AirAsia founder hits back at critics as airline’s stock slumps
KYM to acquire 70% stake in Regen Healthcare for up to RM33.5mil
Bursa Malaysia edges lower at midday despite strong trade data
Malaysia’s exports surge 45.5% in August on strong external demand
Malaysia’s inflation rises to 1.9% in August
Malaysia’s OPR could rise by 25 bps in 2027

Others Also Read