NTPM to spend RM50mil on expansion


Group managing director Lee See Jin(filepic) told StarBiz that the expansion would increase the group

GEORGE TOWN: NTPM Holdings Bhd, the manufacturer of Premier tissue paper, is spending RM50mil to expand its manufacturing facilities in Vietnam and Penang this year.

Group managing director Lee See Jin told StarBiz that the expansion would increase the group’s total production capacity to 170,000 tonnes per year from 110,000 tonnes.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , NTPM , KLee see Jin , Premier , tissues , Penang , production , expansion ,

   

Next In Business News

China makes moves in digital culture market
Over 90% of entrepreneurs have yet to adopt e-invoicing - expert
Oil heads for weekly gains on anxiety over intensifying Ukraine war
S&P lowers outlook on three Adani units after US indictment of founder
Bumi Armada posts higher net profit of RM211.33mil in 3Q
Affin Bank's net profit jumps 45% to RM145.82mil in 3Q
KLCI remains positive as heavyweights bounce higher
Malaysia's inflation comes in at 1.9% in Oct
Globetronics shares rally in early trade after Taiwan deal
Nissan to cut or transfer about 1,000 jobs in Thailand, sources say

Others Also Read