ACE Market-listed Minox unfazed by SST hike

KUALA LUMPUR: Newly-listed Minox International Group Bhd is unperturbed over the government’s move to increase the sales and service tax (SST) from 6% to 8% next year as this is unlikely to affect its sales and margins.

Minox managing director Cheong Chee Son said it will be able to pass on the costs to its customers, which are mainly in the food and beverage (F&B), pharmaceuticals and semiconductor industry.