DXN allocates RM125mil for capex to boost manufacturing capacity

DXN Holdings Bhd executive chairman and founder Datuk Lim Siow Jin

KUALA LUMPUR: DXN Holdings Bhd has earmarked over RM125mil for capital expenditure (capex) in its financial year ending Feb 28, 2025 (FY25) to further expand its manufacturing capacity, according to executive chairman and founder Datuk Lim Siow Jin.

“In FY24, we invested RM119.2mil million in capex to establish new manufacturing facilities in China, India, Dubai, and Mexico. These facilities began commercial production in calendar year 2023, significantly enhancing our production capabilities across a diverse range of products including coffee, tea, carbonated juice, and spirulina,” Lim said in a statement.