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Synthomer to invest RM35mil in R&D near Pasir Gudang

SYNTHOMER plans to invest about RM35mil to set up a new research and development (R&D) centre near its Pasir Gudang facility, Johor, as part of its ongoing expansion plan in Malaysia.

Johor plant: Synthomer’s nitrile latex facility in Pasir Gudang.

Treasury Pulse

THE US dollar weakened by 0.62% to close at 93.912, its seven-week low following the improvement in risk appetite in the global markets while Dow Jones and S&P500 closed 2.3% to 26,657 and 1.5% to 2,931.

Office space take-up rate drops with O&G downturn

This is the first of a two-part series. Jones Lang Wootton’s in-house research indicates that the annual net office take-up in the Klang Valley in 2016 and 2017 was 1.25 million sq ft and 0.57million sq ft respectively.

Scientex posts record net profit and revenue

PETALING JAYA: Scientex Bhd has recorded the strongest performance in its corporate history for both its fourth quarter and full year ended July 31, 2018.

“These manufacturing facilities give us geographically diverse exposure across key customer markets in Asia and the Americas,” said Scientex managing director Lim Peng Jin(pic)