Published: Sunday October 21, 2012 MYT 9:34:00 PM
BAT Malaysia announces cigarette price increase of 20sen from Monday
KUALA LUMPUR: British American Tobacco Malaysia (BAT Malaysia) has announced a 20sen increase on the prices of all its cigarette packs effective Monday.
"We were officially informed by the Royal Malaysian Customs on Thursday, Oct 18, 2012, of a mandated uplift in the ex-factory pricing of our cigarettes of between 26% to 58% effective Friday, Oct 19, 2012.
"The consequence is that excise and sales tax payable has increased," said William Toh, managing director, BAT Malaysia, in a statement. - Bernama