BAT Malaysia announces cigarette price increase of 20sen from Monday

  • Nation
  • Sunday, 21 Oct 2012

KUALA LUMPUR: British American Tobacco Malaysia (BAT Malaysia) has announced a 20sen increase on the prices of all its cigarette packs effective Monday.

"We were officially informed by the Royal Malaysian Customs on Thursday, Oct 18, 2012, of a mandated uplift in the ex-factory pricing of our cigarettes of between 26% to 58% effective Friday, Oct 19, 2012.

"The consequence is that excise and sales tax payable has increased," said William Toh, managing director, BAT Malaysia, in a statement. - Bernama

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