Elite Material Co Ltd invests RM900mil in Penang manufacturing facility


GEORGE TOWN: Taiwan-based copper-clad laminate manufacturer Elite Material Co Ltd (EMC) is investing RM900 million to set up Penang Science Park North facility.

EMC chairman and chief executive officer Albert Dong said it started construction on 5.6 hectares (13.84 acres) in Penang Science Park North. There will be two phases with the first expected to be completed in the first half of 2025.

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

Next In Business News

Stocks slide, dollar struggles as Trump's Greenland gambit rattles markets
US yields rise to multi-month highs on Trump's tariff threats
OMS Group inks deal with Ulstein for two next-generation cable-laying vessels
Ringgit firmer vs greenback on rising US-EU tensions
FBM KLCI retreats to 1,700 support as profit-taking accelerates
Trading ideas: IJM, Perak Corp, Kuchai, Favelle Favco, Reservoir Link, OpenSys, Teladan, PJBumi, AirAsia X, M&A Equity, Alliance Bank
Cypark aims for stronger recurring income stream
Iran’s real oil risk is labour strikes, not bombs
Coconuts might be IOI Corp’s next cash crop
Genting Plantations earnings to face setback

Others Also Read