G-COVE Technologies Co Ltd founder and president Eugene Chua.
PETALING JAYA: Shanghai-based G-COVE Technology Group Co Ltd, which specialises in environment-friendly packaging, is set to invest US$25mil to build its first wholly owned factory in Malaysia.
The new facility, expected to be operational by early next year in Selangor, will have an annual production capacity of 9,000 to 10,000 tonnes.
