Tax incentive a positive for PGF Capital

The company's management said the tax holiday would begin when its new plant ramps up its production to 30% of the installed capacity.

PETALING JAYA: The approval obtained by PGF Capital Bhd for a Northern Corridor Economic Region (NCER) tax incentive is a shot in the arm for the group, analysts say.

TA Research said, overall, it views this as a mid-to long-term earnings driver, which would uphold the profit margin for the group as a whole.