China's Zhuhai CosMX to invest RM1bil in new Malaysia plant


KUALA LUMPUR: China's Zhuhai CosMX Battery Co Ltd will invest 1 billion ringgit ($232 million) to build its first manufacturing plant in Malaysia's Kedah state, the Malaysian Investment Development Authority said on Friday.

Zhuhai CosMX makes consumer lithium-ion battery and power lithium-ion batteries. - Reuters

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
China , CosMX Battery , Zhuhai CosMX

Next In Business News

Ringgit closes higher against greenback on cautious market sentiment
T7 Global subsidiary appointed panel contractor for PETRONAS
YTL inks RM200mil naming rights deal with Aviva for Bristol arena
KL High Court dismisses appeals of former Jalatama officers
Well Chip posts FY25 net profit jump to RM86.15mil
Angkasa targets 2026 revenue to reach up to RM75bil
Aeon Credit issues RM100mil five-year senior sukuk
Late bargain-hunting lifts Bursa Malaysia to end higher
Net foreign inflows into Malaysian bonds reach RM951.9mil in January - RAM Ratings
Wawasan Dengkil's 2Q net profit falls due to revision of project costs

Others Also Read