PETALING JAYA: A total of four multinational companies, with an overall investment of RM7bil, have shut down operations here from January to June this year, the Dewan Rakyat was told Tuesday (July 2).
The Investment, Trade and Industry Ministry said among the four were Goodyear Tire & Rubber Co and two manufacturing companies with majority foreign shareholding in the transportation, and the iron and steel industry, which are gradually closing operations till December this year.
