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Apart from the large investments abroad that have made headline news such as the acquisition of Unilever group assets by IOI Corp Bhd and Wessex Water by YTL Power International Bhd, there were also many companies with smaller market capitalisation which crossed the border last year.
A TOTAL of South Korean small- and medium-scale industries (SMIs), with a combined investment of RM125.4mil, are relocating in Lumut this year under a SMI relocation programme promoted and facilitated by Global Technology Industrial Park (GTIP) Sdn Bhd.
NATLINK Sdn Bhd, recently awarded exclusive regional marketing rights to I>X-it/I>, a Norwegian-made air freshener, is looking at achieving sales of 200,000 units of the new product worth RM2mil in Malaysia this year.