QES Group buys factory for RM21m to double production capacity


QES managing director and president Chew Ne Weng said the purchase of the building would enable it to increase its manufacturing capacity.

KUALA LUMPUR: QES Group Bhd is buying a factory building with a five-storey office in Glenmarie, Selangor for RM21mil cash to expand its office and production area.

In a statement on Monday, QES managing director and president Chew Ne Weng said the purchase of the building would enable it to increase its manufacturing capacity.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

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!

QES Bhd , factory , Chew Ne Weng

   

Next In Business News

China first to produce over 10m NEVs in a year
Bank Negara announces foreign exchange policy liberalisation for MDBs, qualified non-resident DFIs
Malaysian-led consortium makes offer for MAHB at RM11.00 per share
FBM KLCI slips below 1,600; GDP expands 5.3% in 3Q
Malaysia's economy grows 5.3% in 3Q
Sunway Property generates RM42mil in sales at Sunway Bayu pre-launch event
China's Oct data shows soft economic underbelly, backs calls for more stimulus
Indonesia Oct exports up 10.3% y/y, beating forecast
Anwar calls for stronger partnerships to ensure no one is left behind in fast-paced digital age
China new home prices fall 0.5% m/m in October

Others Also Read