Oldtown’s RM36.65m plan for new factory
Page 1 of 1
Oldtown’s RM36.65m plan for new factory
KUALA LUMPUR (Jan 19): Oldtown Bhd is investing RM36.65 million in a new factory in Tasek Industrial Estate, Perak to
expand its beverage manufacturing operations.
Oldtown said on Thursday, its unit White Cafe Sdn Bhd, would be able to increase the capacity by 500% with the new
factory.
It said the tender for the new factory was awarded to Sg. Besi Contruction Sdn Bhd for RM36.65 million.
“The CONSTRUCTION [] period shall be for eight calendar months from the planned date of site possession on Feb 1, 2012.
It is expected to be completed by third quarter of year 2012,” it said.
Oldtown said the financing of the projects would be from the IPO proceeds, bank borrowings and its own funds.
expand its beverage manufacturing operations.
Oldtown said on Thursday, its unit White Cafe Sdn Bhd, would be able to increase the capacity by 500% with the new
factory.
It said the tender for the new factory was awarded to Sg. Besi Contruction Sdn Bhd for RM36.65 million.
“The CONSTRUCTION [] period shall be for eight calendar months from the planned date of site possession on Feb 1, 2012.
It is expected to be completed by third quarter of year 2012,” it said.
Oldtown said the financing of the projects would be from the IPO proceeds, bank borrowings and its own funds.
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics
» KFCH 2Q net profit just up 1.7% to RM36.35m
» M’sia Smelting Corp 2Q net profit surges to RM36.3m
» Kurnia Asia nets RM36.7m 9-month profit
» YTL buys back 17.9 million of its own shares for RM36.5mil (4677)
» TRC Synergy awarded RM36 million Dayabumi renovation contract
» M’sia Smelting Corp 2Q net profit surges to RM36.3m
» Kurnia Asia nets RM36.7m 9-month profit
» YTL buys back 17.9 million of its own shares for RM36.5mil (4677)
» TRC Synergy awarded RM36 million Dayabumi renovation contract
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
|
|