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KOMAG Inc will invest US$20mil to upgrade and concentrate all its manufacturing activities in Penang and Sarawak, its chief executive officer Datuk T.H. Tan said.
China's largest beverage company is venturing into the consumer goods market, expanding its brand into new areas such as children's clothing and personal-care products - and moving into other Asian countries as well.
Members of the Malaysian trade and investment mission to Japan have posted potential sales orders of about RM6.6mil during their visit to Fukuoka on March 14.
LOCAL port operator Integrax Bhd is looking at expanding operations to Sumatra. A delegation of company officials is set to meet up with the governor of North Sumatra among others; to discuss the possibility of initiating port operations, in a meeting scheduled this coming Monday.