(Kuala Lumpur on the 19th hearing) De-hui yuan (FITTERS, 9318, the board of Trade clothing group) announced that its Molecor (South East Asia) Pte Ltd, won the Malaysian Investment Development Authority (MIDA) maximum up to 10 million ringgit matching grant. The company's filing to Bursa Malaysia, will be used to enhance the company shut 丹格宾 (Gebeng) of PVC-O pipes factory period is from May 14 last year to 13 May 2017. Hui has a 65% stake in the German Multiple Molecor (Southeast Asia), and the remaining 25% owned by Ricwil (Malaysia) Sdn Bhd, and a 10% stake held by Spain MolecorTechnologia. De-hui yuan will invest up to 90 million ringgit in capital expenditure to develop the first phase of PVC-O pipes factory, including land purchase and the purchase of production machinery to Molecor Technologia. The plant is about 5 km from the port of Kuantan, factory land area of 8.5 acres, can accommodate up to seven production lines. Looking at this year, the first two production lines will start production, and a third production line is then put into operation, the output of three production lines reached 11,000 tons. 20/01/2015 12:50 (Google translate)
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Posted by lloydlim > 2014-12-30 22:33 | Report Abuse
Moving Up liao!