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Inari's new RM25m plant ready by March

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Inari's new RM25m plant ready by March Empty Inari's new RM25m plant ready by March

Post by hlk Tue 19 Jul 2011, 13:48

KUALA LUMPUR: Newly listed Inari, which made its debut on the ACE Market on Tuesday, has begun building the company's fourth plant costing RM25mil in Bayan Lepas, Penang.

The company, a semiconductor packaging specialist, expects to increase revenue by 25% to 30% once this plant becomes operational by March next year.

Inari's managing director Dr Tan Seng Chuan said told reporters following the listing ceremony that the company was utilising more than 90% of existing capacity.
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