KUALA LUMPUR: Zhejiang Jingxing Paper Joint Stock Co Ltd’s wholly-owned subsidiary, Jingxing Holdings (M) Sdn Bhd, has committed RM1.9bil to a phase two expansion of its operations in Banting, Selangor.
In a joint statement, Jingxing Paper and the Malaysian Investment Development Authority (Mida) said the expansion would introduce advanced manufacturing lines supported by integrated thermal power, water treatment and wastewater management systems.
